https://www.taxtmi.com/caselaws?id=430140 The Tribunal dismissed the Company Petition for initiation of Corporate Insolvency Resolution Process against the Corporate Debtor, citing a genuine pre-existing dispute between the parties. Emphasizing the inappropriateness of IBC for recovery in such cases, the Tribunal advised seeking remedies under other laws. The application was rejected based on the Supreme Court's stance on disputes under Section 9, with a certified copy of the order available upon request. en-us Thu, 20 Oct 2022 00:00:00 +0530 Sat, 12 Nov 2022 09:13:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430140 The Tribunal dismissed the Company Petition for initiation of Corporate Insolvency Resolution Process against the Corporate Debtor, citing a genuine pre-existing dispute between the parties. Emphasizing the inappropriateness of IBC for recovery in such cases, the Tribunal advised seeking remedies under other laws. The application was rejected based on the Supreme Court's stance on disputes under Section 9, with a certified copy of the order available upon request. Case-Laws Insolvency and Bankruptcy Thu, 20 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430140