https://www.taxtmi.com/caselaws?id=430143 An application under Section 9 of the Insolvency and Bankruptcy Code, 2016 cannot be admitted where the record shows a genuine pre-existing dispute supported by prior correspondence and documentary material. Here, communications contesting the quality of supplies, debit notes issued against invoices, allegations of non-supply against pending purchase orders, and the dispute over refund of advance payment showed that the disagreement existed before the demand notice. On that basis, the Adjudicating Authority had sufficient ground to reject admission, and the rejection of the insolvency application was upheld. en-us Fri, 11 Nov 2022 00:00:00 +0530 Fri, 11 Nov 2022 17:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430143 An application under Section 9 of the Insolvency and Bankruptcy Code, 2016 cannot be admitted where the record shows a genuine pre-existing dispute supported by prior correspondence and documentary material. Here, communications contesting the quality of supplies, debit notes issued against invoices, allegations of non-supply against pending purchase orders, and the dispute over refund of advance payment showed that the disagreement existed before the demand notice. On that basis, the Adjudicating Authority had sufficient ground to reject admission, and the rejection of the insolvency application was upheld. Case-Laws Insolvency and Bankruptcy Fri, 11 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430143