https://www.taxtmi.com/caselaws?id=444381 The appeal under Section 61 of the Insolvency and Bankruptcy Code, 2016 was filed by the Operational Creditor against the rejection of their Section 9 application by the Adjudicating Authority (National Company Law Tribunal, Jaipur Bench). The dispute arose from a contract between the Corporate Debtor and Amrop India Consultants Pvt. Ltd. (AICPL), later transferred to the Appellant. The Adjudicating Authority found genuine pre-existing disputes based on communications prior to the Section 8 demand notice, leading to the rejection of the Section 9 application. The Tribunal upheld this decision, dismissing the appeal and allowing the Appellant to seek alternative legal recourse. en-us Wed, 11 Oct 2023 00:00:00 +0530 Sat, 14 Oct 2023 08:12:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=444381 The appeal under Section 61 of the Insolvency and Bankruptcy Code, 2016 was filed by the Operational Creditor against the rejection of their Section 9 application by the Adjudicating Authority (National Company Law Tribunal, Jaipur Bench). The dispute arose from a contract between the Corporate Debtor and Amrop India Consultants Pvt. Ltd. (AICPL), later transferred to the Appellant. The Adjudicating Authority found genuine pre-existing disputes based on communications prior to the Section 8 demand notice, leading to the rejection of the Section 9 application. The Tribunal upheld this decision, dismissing the appeal and allowing the Appellant to seek alternative legal recourse. Case-Laws Insolvency and Bankruptcy Wed, 11 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=444381