https://www.taxtmi.com/highlights?id=72412 Initiation of CIRP - pre-existing dispute or not - While admitting that the civil suit was filed subsequent to the issue of notice under Section 8 of IBC, it has been contended that there is no need in every case for a civil suit or an arbitration to be pending before Section 8 notice and that a dispute as understood by the IBC is not limited to a pending suit or an arbitration but includes a real dispute as to payment between the parties. - AT en-us Sat, 07 Oct 2023 14:03:16 +0530 Sat, 07 Oct 2023 14:03:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=72412 Initiation of CIRP - pre-existing dispute or not - While admitting that the civil suit was filed subsequent to the issue of notice under Section 8 of IBC, it has been contended that there is no need in every case for a civil suit or an arbitration to be pending before Section 8 notice and that a dispute as understood by the IBC is not limited to a pending suit or an arbitration but includes a real dispute as to payment between the parties. - AT Highlights Insolvency and Bankruptcy Sat, 07 Oct 2023 14:03:16 +0530 https://www.taxtmi.com/highlights?id=72412