https://www.taxtmi.com/caselaws?id=430586 The Tribunal found that the Adjudicating Authority erred in admitting the Section 9 application under the Insolvency and Bankruptcy Code. It was determined that there were genuine pre-existing disputes between the parties, as evidenced by extensive correspondence, which precluded the admission of the application. The Corporate Debtor was released from the insolvency proceedings, and the appeal was allowed with no costs imposed. en-us Tue, 22 Nov 2022 00:00:00 +0530 Wed, 23 Nov 2022 08:31:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430586 The Tribunal found that the Adjudicating Authority erred in admitting the Section 9 application under the Insolvency and Bankruptcy Code. It was determined that there were genuine pre-existing disputes between the parties, as evidenced by extensive correspondence, which precluded the admission of the application. The Corporate Debtor was released from the insolvency proceedings, and the appeal was allowed with no costs imposed. Case-Laws Insolvency and Bankruptcy Tue, 22 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430586