https://www.taxtmi.com/caselaws?id=417896 The Tribunal dismissed the appeal challenging the NCLT's decision to reject a section 9 application under the Insolvency and Bankruptcy Code due to discrepancies in the claim of the Operational Creditor and objections by the Corporate Debtor. The Operational Creditor failed to provide sufficient evidence of delivery of goods for disputed invoices, leading to the dismissal of the appeal. The Tribunal emphasized the necessity of unimpeachable proof of delivery to support claims under the IBC and cited that the code cannot be invoked in the presence of a real dispute. en-us Thu, 03 Feb 2022 00:00:00 +0530 Fri, 04 Feb 2022 07:00:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417896 The Tribunal dismissed the appeal challenging the NCLT's decision to reject a section 9 application under the Insolvency and Bankruptcy Code due to discrepancies in the claim of the Operational Creditor and objections by the Corporate Debtor. The Operational Creditor failed to provide sufficient evidence of delivery of goods for disputed invoices, leading to the dismissal of the appeal. The Tribunal emphasized the necessity of unimpeachable proof of delivery to support claims under the IBC and cited that the code cannot be invoked in the presence of a real dispute. Case-Laws Insolvency and Bankruptcy Thu, 03 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417896