https://www.taxtmi.com/caselaws?id=424808 The petition filed by the Operational Creditor seeking initiation of corporate insolvency resolution process against the Corporate Debtor was rejected by the Tribunal. The Tribunal found a clear pre-existing dispute between the parties regarding the quality and pricing of goods supplied, as well as compliance issues with mandatory provisions of the Insolvency and Bankruptcy Code, 2016. The disputes were deemed genuine and existed before the demand notice, leading to the rejection of the petition. en-us Tue, 05 Jul 2022 00:00:00 +0530 Sat, 09 Jul 2022 08:01:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424808 The petition filed by the Operational Creditor seeking initiation of corporate insolvency resolution process against the Corporate Debtor was rejected by the Tribunal. The Tribunal found a clear pre-existing dispute between the parties regarding the quality and pricing of goods supplied, as well as compliance issues with mandatory provisions of the Insolvency and Bankruptcy Code, 2016. The disputes were deemed genuine and existed before the demand notice, leading to the rejection of the petition. Case-Laws Insolvency and Bankruptcy Tue, 05 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424808