https://www.taxtmi.com/caselaws?id=777644 NCLAT dismissed the appeal and upheld the AA's rejection of the Section 9 petition, finding a bona fide pre-existing dispute over account reconciliation and quality/discount issues raised before the Section 8 notice. The tribunal held the respondent had timely notified the dispute and payments after reconciliation did not negate its existence; the dispute was not "spurious or illusory." The decision relied on SC precedents recognizing unresolved reconciliation as a pre-existing dispute, so no infirmity was found and the appeal was dismissed. en-us Fri, 29 Aug 2025 00:00:00 +0530 Wed, 03 Sep 2025 08:19:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=777644 NCLAT dismissed the appeal and upheld the AA's rejection of the Section 9 petition, finding a bona fide pre-existing dispute over account reconciliation and quality/discount issues raised before the Section 8 notice. The tribunal held the respondent had timely notified the dispute and payments after reconciliation did not negate its existence; the dispute was not "spurious or illusory." The decision relied on SC precedents recognizing unresolved reconciliation as a pre-existing dispute, so no infirmity was found and the appeal was dismissed. Case-Laws IBC Fri, 29 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=777644