https://www.taxtmi.com/caselaws?id=781738 NCLAT upheld the rejection of the operational creditor's petition under Sec.9 IBC, holding that a pre-existing dispute existed between the parties. Although the corporate debtor did not dispute supply, quantity, quality, or value of goods, its refusal to pay was based on an Undertaking that created a plausible dispute under the Mobilox test. NCLAT held it could not enter into a factual enquiry regarding the Undertaking, which falls within the civil court's domain. The absence of proof of any GST investigation was immaterial. The appeal was dismissed and the NCLT order sustained. en-us Tue, 18 Nov 2025 00:00:00 +0530 Thu, 20 Nov 2025 08:42:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781738 NCLAT upheld the rejection of the operational creditor's petition under Sec.9 IBC, holding that a pre-existing dispute existed between the parties. Although the corporate debtor did not dispute supply, quantity, quality, or value of goods, its refusal to pay was based on an Undertaking that created a plausible dispute under the Mobilox test. NCLAT held it could not enter into a factual enquiry regarding the Undertaking, which falls within the civil court's domain. The absence of proof of any GST investigation was immaterial. The appeal was dismissed and the NCLT order sustained. Case-Laws IBC Tue, 18 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781738