https://www.taxtmi.com/caselaws?id=431154 The National Company Law Appellate Tribunal (NCLAT) upheld the decision of the National Company Law Tribunal (NCLT), dismissing the appeal regarding the maintainability of the application under Section 9 of the Insolvency and Bankruptcy Code, 2016. The NCLAT affirmed that the demand notices were not authorized as required by the Code and that a genuine pre-existing dispute existed between the parties regarding the quality of goods supplied. Consequently, the application was correctly dismissed, and the appeal was rejected. en-us Mon, 05 Dec 2022 00:00:00 +0530 Wed, 07 Dec 2022 10:27:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431154 The National Company Law Appellate Tribunal (NCLAT) upheld the decision of the National Company Law Tribunal (NCLT), dismissing the appeal regarding the maintainability of the application under Section 9 of the Insolvency and Bankruptcy Code, 2016. The NCLAT affirmed that the demand notices were not authorized as required by the Code and that a genuine pre-existing dispute existed between the parties regarding the quality of goods supplied. Consequently, the application was correctly dismissed, and the appeal was rejected. Case-Laws Insolvency and Bankruptcy Mon, 05 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431154