https://www.taxtmi.com/caselaws?id=447333 The NCLAT Chennai Bench set aside the lower tribunal's order dismissing an application under Section 9 of the IBC, 2016. The tribunal had rejected the application solely based on the appellant's alleged failure to prove delivery of goods, without considering other evidence including the respondent's lifting of goods from port to plant using its own trucks. The NCLAT found the tribunal failed to examine all available evidence proving transactions between parties and whether defenses could be raised for the first time in reply to Section 9 application. The matter was remanded for fresh consideration of entire evidence on record. en-us Thu, 21 Dec 2023 00:00:00 +0530 Sat, 23 Dec 2023 09:42:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=447333 The NCLAT Chennai Bench set aside the lower tribunal's order dismissing an application under Section 9 of the IBC, 2016. The tribunal had rejected the application solely based on the appellant's alleged failure to prove delivery of goods, without considering other evidence including the respondent's lifting of goods from port to plant using its own trucks. The NCLAT found the tribunal failed to examine all available evidence proving transactions between parties and whether defenses could be raised for the first time in reply to Section 9 application. The matter was remanded for fresh consideration of entire evidence on record. Case-Laws Insolvency and Bankruptcy Thu, 21 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=447333