https://www.taxtmi.com/caselaws?id=428404 The Adjudicating Authority rejected the Section 9 application under the Insolvency and Bankruptcy Code due to the presence of pre-existing disputes between the parties. Communications from the Corporate Debtor to the Operational Creditor highlighted issues of short supply and conditional payments, establishing unresolved disputes. The invocation of the arbitration clause reinforced the ongoing nature of the disputes. The rejection of the application was upheld, and the appeal was dismissed based on the evidence of persistent disputes between the parties. en-us Wed, 28 Sep 2022 00:00:00 +0530 Fri, 30 Sep 2022 09:36:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=428404 The Adjudicating Authority rejected the Section 9 application under the Insolvency and Bankruptcy Code due to the presence of pre-existing disputes between the parties. Communications from the Corporate Debtor to the Operational Creditor highlighted issues of short supply and conditional payments, establishing unresolved disputes. The invocation of the arbitration clause reinforced the ongoing nature of the disputes. The rejection of the application was upheld, and the appeal was dismissed based on the evidence of persistent disputes between the parties. Case-Laws Insolvency and Bankruptcy Wed, 28 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=428404