https://www.taxtmi.com/caselaws?id=299679 A Section 9 Insolvency and Bankruptcy Code application is not maintainable where the record shows a pre-existing dispute before the demand notice and filing of the petition. The material relied on, including prior email correspondence, indicated that the tank fabrication work remained incomplete and that concerns had already been raised about workmanship, progress, manpower, and execution. On that basis, the dispute was treated as existing before insolvency proceedings, and the genuineness of the dispute was not required to be examined further at the admission stage. The insolvency initiation request was therefore rejected. en-us Fri, 14 Feb 2020 00:00:00 +0530 Fri, 24 Dec 2021 20:33:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=299679 A Section 9 Insolvency and Bankruptcy Code application is not maintainable where the record shows a pre-existing dispute before the demand notice and filing of the petition. The material relied on, including prior email correspondence, indicated that the tank fabrication work remained incomplete and that concerns had already been raised about workmanship, progress, manpower, and execution. On that basis, the dispute was treated as existing before insolvency proceedings, and the genuineness of the dispute was not required to be examined further at the admission stage. The insolvency initiation request was therefore rejected. Case-Laws Insolvency and Bankruptcy Fri, 14 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=299679