https://www.taxtmi.com/caselaws?id=762250 A pre-existing dispute under the Insolvency and Bankruptcy Code must be supported by credible evidence before service of the demand notice to defeat a Section 9 application. The appellants relied on correspondence and a meeting minute alleging defective supply, but the record did not show proof of dispatch or service of the letters and notice, and those materials were not even referred to in the reply to the Section 8 demand notice. On that basis, the asserted dispute was not established as pre-existing, and the admission of the Section 9 application was upheld against the appellants. en-us Thu, 21 Nov 2024 00:00:00 +0530 Thu, 28 Nov 2024 07:48:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=762250 A pre-existing dispute under the Insolvency and Bankruptcy Code must be supported by credible evidence before service of the demand notice to defeat a Section 9 application. The appellants relied on correspondence and a meeting minute alleging defective supply, but the record did not show proof of dispatch or service of the letters and notice, and those materials were not even referred to in the reply to the Section 8 demand notice. On that basis, the asserted dispute was not established as pre-existing, and the admission of the Section 9 application was upheld against the appellants. Case-Laws IBC Thu, 21 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=762250