https://www.taxtmi.com/caselaws?id=421329 The Tribunal dismissed the application, citing pre-existing disputes between the parties regarding defective materials, freight charges, and financial commitments that existed before the demand notice was issued. Relying on the Supreme Court precedent, the Tribunal emphasized the need to establish the existence of a genuine dispute rather than delve into its merits. Consequently, the application was rejected as the defense was deemed genuine, leading to the dismissal of the case without costs awarded. en-us Thu, 31 Mar 2022 00:00:00 +0530 Thu, 21 Apr 2022 14:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421329 The Tribunal dismissed the application, citing pre-existing disputes between the parties regarding defective materials, freight charges, and financial commitments that existed before the demand notice was issued. Relying on the Supreme Court precedent, the Tribunal emphasized the need to establish the existence of a genuine dispute rather than delve into its merits. Consequently, the application was rejected as the defense was deemed genuine, leading to the dismissal of the case without costs awarded. Case-Laws Insolvency and Bankruptcy Thu, 31 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421329