https://www.taxtmi.com/caselaws?id=418002 The appeal against the rejection of an application under Section 9 of the Insolvency and Bankruptcy Code, 2016 was dismissed by the Adjudicating Authority. The rejection was based on the presence of pre-existing disputes between the parties, as evidenced by warning and legal notices issued by the corporate debtor. The serious allegations of breach of contract, malpractice, and defective supply of machinery, along with threats of contract revocation, supported the decision to dismiss the application. The Adjudicating Authority concluded that the disputes existed before the application under Section 9, justifying the rejection of the appeal. en-us Fri, 04 Feb 2022 00:00:00 +0530 Mon, 07 Feb 2022 08:11:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=418002 The appeal against the rejection of an application under Section 9 of the Insolvency and Bankruptcy Code, 2016 was dismissed by the Adjudicating Authority. The rejection was based on the presence of pre-existing disputes between the parties, as evidenced by warning and legal notices issued by the corporate debtor. The serious allegations of breach of contract, malpractice, and defective supply of machinery, along with threats of contract revocation, supported the decision to dismiss the application. The Adjudicating Authority concluded that the disputes existed before the application under Section 9, justifying the rejection of the appeal. Case-Laws Insolvency and Bankruptcy Fri, 04 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=418002