https://www.taxtmi.com/caselaws?id=417815 The Tribunal upheld the Adjudicating Authority's decision, ruling that the Operational Creditor failed to deliver the demand notice as mandated under Section 8 of the Insolvency and Bankruptcy Code. Additionally, a genuine dispute over the quality of goods supplied existed, allowing the Corporate Debtor to contest the initiation of the Corporate Insolvency Resolution Process. The appeal was dismissed, emphasizing that the Code is not to be used for debt recovery purposes without meeting procedural requirements and in the presence of a pre-existing dispute. en-us Mon, 31 Jan 2022 00:00:00 +0530 Wed, 02 Feb 2022 08:45:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417815 The Tribunal upheld the Adjudicating Authority's decision, ruling that the Operational Creditor failed to deliver the demand notice as mandated under Section 8 of the Insolvency and Bankruptcy Code. Additionally, a genuine dispute over the quality of goods supplied existed, allowing the Corporate Debtor to contest the initiation of the Corporate Insolvency Resolution Process. The appeal was dismissed, emphasizing that the Code is not to be used for debt recovery purposes without meeting procedural requirements and in the presence of a pre-existing dispute. Case-Laws Insolvency and Bankruptcy Mon, 31 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417815