https://www.taxtmi.com/caselaws?id=446925 The Appellate Tribunal upheld the Adjudicating Authority's decision to dismiss the Section 9 petition under the Insolvency and Bankruptcy Code, 2016, due to a pre-existing dispute between the parties regarding the lifting of materials. The Tribunal agreed with the Adjudicating Authority's reliance on the Apex Court's judgment in Mobilox Innovations Private Limited vs. Kirusa Software Private Limited, confirming that the dispute was plausible and warranted further investigation. The appeal was dismissed, and no jurisdictional overreach or error was found in the Adjudicating Authority's order. en-us Wed, 13 Dec 2023 00:00:00 +0530 Fri, 15 Dec 2023 10:52:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=446925 The Appellate Tribunal upheld the Adjudicating Authority's decision to dismiss the Section 9 petition under the Insolvency and Bankruptcy Code, 2016, due to a pre-existing dispute between the parties regarding the lifting of materials. The Tribunal agreed with the Adjudicating Authority's reliance on the Apex Court's judgment in Mobilox Innovations Private Limited vs. Kirusa Software Private Limited, confirming that the dispute was plausible and warranted further investigation. The appeal was dismissed, and no jurisdictional overreach or error was found in the Adjudicating Authority's order. Case-Laws Insolvency and Bankruptcy Wed, 13 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=446925