https://www.taxtmi.com/caselaws?id=761855 A section 9 Insolvency and Bankruptcy Code application had been rejected below on the basis of an alleged absence of a valid board resolution, the existence of an arbitration clause, and a possible pre-existing dispute. The Supreme Court noted that the question whether there was a bona fide pre-existing dispute had not been substantively decided by the forums below, and that issue had to be examined first on the facts. It therefore set aside the impugned orders and remitted the application for fresh consideration on its own merits after hearing the parties. en-us Mon, 21 Oct 2024 00:00:00 +0530 Tue, 19 Nov 2024 08:40:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=761855 A section 9 Insolvency and Bankruptcy Code application had been rejected below on the basis of an alleged absence of a valid board resolution, the existence of an arbitration clause, and a possible pre-existing dispute. The Supreme Court noted that the question whether there was a bona fide pre-existing dispute had not been substantively decided by the forums below, and that issue had to be examined first on the facts. It therefore set aside the impugned orders and remitted the application for fresh consideration on its own merits after hearing the parties. Case-Laws IBC Mon, 21 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=761855