https://www.taxtmi.com/caselaws?id=771734 The Appellate Tribunal examined a Section 9 insolvency application, focusing on whether procedural defaults preclude raising a pre-existing dispute. The SC held that failure to reply to a Section 8 notice does not bar the Corporate Debtor from challenging the application. The NCLT's order was set aside, with directions to reassess the case by considering all material evidence regarding the pre-existing dispute, ensuring a comprehensive evaluation of the application's maintainability. en-us Mon, 26 May 2025 00:00:00 +0530 Wed, 28 May 2025 18:48:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=771734 The Appellate Tribunal examined a Section 9 insolvency application, focusing on whether procedural defaults preclude raising a pre-existing dispute. The SC held that failure to reply to a Section 8 notice does not bar the Corporate Debtor from challenging the application. The NCLT's order was set aside, with directions to reassess the case by considering all material evidence regarding the pre-existing dispute, ensuring a comprehensive evaluation of the application's maintainability. Case-Laws IBC Mon, 26 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=771734