https://www.taxtmi.com/caselaws?id=431801 The Tribunal allowed the appeal, set aside the Impugned Order, and directed the Adjudicating Authority to admit the Section 9 Application under IBC within one month and proceed in accordance with the law. The Corporate Debtor's defence was deemed untenable, and the Tribunal found it lacking merit as a pre-existing dispute. The Adjudicating Authority's conclusion of a serious dispute was considered erroneous, leading to the appeal's success. en-us Wed, 21 Dec 2022 00:00:00 +0530 Thu, 22 Dec 2022 08:42:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431801 The Tribunal allowed the appeal, set aside the Impugned Order, and directed the Adjudicating Authority to admit the Section 9 Application under IBC within one month and proceed in accordance with the law. The Corporate Debtor's defence was deemed untenable, and the Tribunal found it lacking merit as a pre-existing dispute. The Adjudicating Authority's conclusion of a serious dispute was considered erroneous, leading to the appeal's success. Case-Laws Insolvency and Bankruptcy Wed, 21 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431801