https://www.taxtmi.com/caselaws?id=429739 For admission under Section 9 of the Insolvency and Bankruptcy Code, the adjudicating authority must be satisfied that an operational debt is due and unpaid, the demand notice has been validly served, and no genuine pre-existing dispute exists. On the facts recorded, invoices, part-payments, acknowledgements of outstanding balance, and requests for time established default; dispatch to the corporate office and service on the director's e-mail satisfied notice requirements; and alleged defects in goods, raised only after notice, were treated as a belated and non-genuine defence. The Section 9 application was therefore maintainable and the admission order was sustained. en-us Wed, 02 Nov 2022 00:00:00 +0530 Wed, 02 Nov 2022 18:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429739 For admission under Section 9 of the Insolvency and Bankruptcy Code, the adjudicating authority must be satisfied that an operational debt is due and unpaid, the demand notice has been validly served, and no genuine pre-existing dispute exists. On the facts recorded, invoices, part-payments, acknowledgements of outstanding balance, and requests for time established default; dispatch to the corporate office and service on the director's e-mail satisfied notice requirements; and alleged defects in goods, raised only after notice, were treated as a belated and non-genuine defence. The Section 9 application was therefore maintainable and the admission order was sustained. Case-Laws Insolvency and Bankruptcy Wed, 02 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429739