https://www.taxtmi.com/caselaws?id=312689 NCLAT dismissed the appeal filed by operational creditor challenging rejection of Section 9 IBC application. The tribunal upheld the adjudicating authority's finding that pre-existing disputes existed between parties, evidenced by email correspondence prior to statutory notice under Section 8 IBC. Since disputes were raised before the notice, the operational creditor's insolvency petition was correctly rejected. The appellant failed to deny or challenge the email evidence establishing the pre-existing dispute, confirming the adjudicating authority's decision was proper. en-us Tue, 18 Jan 2022 00:00:00 +0530 Sat, 02 Mar 2024 05:42:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=312689 NCLAT dismissed the appeal filed by operational creditor challenging rejection of Section 9 IBC application. The tribunal upheld the adjudicating authority's finding that pre-existing disputes existed between parties, evidenced by email correspondence prior to statutory notice under Section 8 IBC. Since disputes were raised before the notice, the operational creditor's insolvency petition was correctly rejected. The appellant failed to deny or challenge the email evidence establishing the pre-existing dispute, confirming the adjudicating authority's decision was proper. Case-Laws Insolvency and Bankruptcy Tue, 18 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=312689