https://www.taxtmi.com/caselaws?id=447004 The Appellate Tribunal upheld the rejection of an application under Section 9 due to a pre-existing dispute between the parties. The Adjudicating Authority found that the Corporate Debtor had consistently denied any payment obligation, as evidenced by a letter dated 04.02.2021 and a response to a Demand Notice. Despite the Appellant's claims of debt acknowledgment, the Tribunal agreed with the Authority's finding that no error was present in the decision, and the appeal was dismissed, affirming the absence of a clear debt acknowledgment. en-us Thu, 14 Dec 2023 00:00:00 +0530 Sat, 16 Dec 2023 09:57:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=447004 The Appellate Tribunal upheld the rejection of an application under Section 9 due to a pre-existing dispute between the parties. The Adjudicating Authority found that the Corporate Debtor had consistently denied any payment obligation, as evidenced by a letter dated 04.02.2021 and a response to a Demand Notice. Despite the Appellant's claims of debt acknowledgment, the Tribunal agreed with the Authority's finding that no error was present in the decision, and the appeal was dismissed, affirming the absence of a clear debt acknowledgment. Case-Laws Insolvency and Bankruptcy Thu, 14 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=447004