https://www.taxtmi.com/caselaws?id=431495 The appeal challenged the admission of a Section 9 Application under the Insolvency and Bankruptcy Code, 2016. The Corporate Debtor raised genuine disputes regarding the operational debt, citing quality issues with supplied goods and settlement of accounts. The Adjudicating Authority failed to consider crucial evidence supporting the Corporate Debtor's claims. Consequently, the appeal was allowed, the Section 9 Application was dismissed, and the Operational Creditor was directed to seek dues through the appropriate legal channels. The amount deposited by the Appellant was ordered to be refunded. en-us Mon, 12 Dec 2022 00:00:00 +0530 Mon, 12 Dec 2022 18:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431495 The appeal challenged the admission of a Section 9 Application under the Insolvency and Bankruptcy Code, 2016. The Corporate Debtor raised genuine disputes regarding the operational debt, citing quality issues with supplied goods and settlement of accounts. The Adjudicating Authority failed to consider crucial evidence supporting the Corporate Debtor's claims. Consequently, the appeal was allowed, the Section 9 Application was dismissed, and the Operational Creditor was directed to seek dues through the appropriate legal channels. The amount deposited by the Appellant was ordered to be refunded. Case-Laws Insolvency and Bankruptcy Mon, 12 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431495