https://www.taxtmi.com/caselaws?id=775653 The NCLAT upheld the dismissal of the Section 9 IBC petition on grounds of limitation and existence of a pre-existing dispute. The tribunal found the default date as 01.05.2016, with the limitation period expiring on 30.04.2019. The alleged settlement dated 13.06.2019 was unauthenticated and beyond the limitation period. Evidence including ongoing arbitration, disputed trade bills in the corporate debtor's annual report, and a default status marked as disputed in NeSL records confirmed the pre-existing dispute. The appellant's admission and documentary evidence supported the tribunal's findings. The appeal was dismissed for lack of merit. en-us Fri, 25 Jul 2025 00:00:00 +0530 Tue, 29 Jul 2025 08:30:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=775653 The NCLAT upheld the dismissal of the Section 9 IBC petition on grounds of limitation and existence of a pre-existing dispute. The tribunal found the default date as 01.05.2016, with the limitation period expiring on 30.04.2019. The alleged settlement dated 13.06.2019 was unauthenticated and beyond the limitation period. Evidence including ongoing arbitration, disputed trade bills in the corporate debtor's annual report, and a default status marked as disputed in NeSL records confirmed the pre-existing dispute. The appellant's admission and documentary evidence supported the tribunal's findings. The appeal was dismissed for lack of merit. Case-Laws IBC Fri, 25 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=775653