https://www.taxtmi.com/caselaws?id=430728 The Tribunal dismissed the appeal against the Adjudicating Authority's decision to reject the Section 9 application under the Insolvency and Bankruptcy Code, 2016. The dispute arose from a commission agreement regarding the sale of goods to a specific company. The Tribunal found that a genuine dispute existed as the Corporate Debtor contested the claim, stating no goods were sold to the specified company as per the agreement. Consequently, the Tribunal concluded that the dispute required further legal action for recovery and was not suitable for a Section 9 proceeding, leading to the dismissal of the appeal. en-us Thu, 10 Nov 2022 00:00:00 +0530 Fri, 25 Nov 2022 22:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430728 The Tribunal dismissed the appeal against the Adjudicating Authority's decision to reject the Section 9 application under the Insolvency and Bankruptcy Code, 2016. The dispute arose from a commission agreement regarding the sale of goods to a specific company. The Tribunal found that a genuine dispute existed as the Corporate Debtor contested the claim, stating no goods were sold to the specified company as per the agreement. Consequently, the Tribunal concluded that the dispute required further legal action for recovery and was not suitable for a Section 9 proceeding, leading to the dismissal of the appeal. Case-Laws Insolvency and Bankruptcy Thu, 10 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430728