https://www.taxtmi.com/caselaws?id=774640 NCLAT dismissed the appeal challenging rejection of Section 9 application filed by operational creditor. The adjudicating authority correctly found pre-existing dispute between parties. The first demand notice dated 12.02.2019 was withdrawn due to typographical errors, making the second notice dated 25.04.2019 a fresh notice rather than continuation. Civil suit filed on 16.04.2019 predated the second demand notice and constituted genuine pre-existing dispute. The adjudicating authority properly exercised summary jurisdiction without detailed investigation into dispute merits, as required under IBC provisions for operational creditor applications. en-us Wed, 09 Jul 2025 00:00:00 +0530 Sat, 12 Jul 2025 08:40:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=774640 NCLAT dismissed the appeal challenging rejection of Section 9 application filed by operational creditor. The adjudicating authority correctly found pre-existing dispute between parties. The first demand notice dated 12.02.2019 was withdrawn due to typographical errors, making the second notice dated 25.04.2019 a fresh notice rather than continuation. Civil suit filed on 16.04.2019 predated the second demand notice and constituted genuine pre-existing dispute. The adjudicating authority properly exercised summary jurisdiction without detailed investigation into dispute merits, as required under IBC provisions for operational creditor applications. Case-Laws IBC Wed, 09 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=774640