https://www.taxtmi.com/caselaws?id=432998 An amount claimed under a toll tax and ECC collection arrangement was treated as an operational debt because it arose from a contractual arrangement for services linked to the municipal levy and collection function. The tribunal also found a genuine pre-existing dispute, noting that objections over remittances, revenue loss, force majeure, and the contractual basis of payment had been raised before the demand notice in prior proceedings. Applying the section 9 standard, the existence of that antecedent, non-spurious dispute barred insolvency admission and justified rejection of the application. en-us Tue, 17 Jan 2023 00:00:00 +0530 Thu, 19 Jan 2023 12:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432998 An amount claimed under a toll tax and ECC collection arrangement was treated as an operational debt because it arose from a contractual arrangement for services linked to the municipal levy and collection function. The tribunal also found a genuine pre-existing dispute, noting that objections over remittances, revenue loss, force majeure, and the contractual basis of payment had been raised before the demand notice in prior proceedings. Applying the section 9 standard, the existence of that antecedent, non-spurious dispute barred insolvency admission and justified rejection of the application. Case-Laws Insolvency and Bankruptcy Tue, 17 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432998