https://www.taxtmi.com/caselaws?id=785038 A rejoinder and its annexures could be read in evidence because pleadings under the NCLT Rules include a rejoinder, and the documents were relevant to the controversy; the appellant failed to disprove their genuineness. The tribunal also treated balance-sheet entries, an auditor's report, and written correspondence acknowledging liability and proposing one-time settlement as evidence of financial debt and default. Disputed quantum did not by itself defeat maintainability where debt and default were otherwise shown. On that basis, the Section 7 insolvency application was sustained and the challenge to admission failed. en-us Thu, 13 Nov 2025 00:00:00 +0530 Fri, 16 Jan 2026 08:03:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785038 A rejoinder and its annexures could be read in evidence because pleadings under the NCLT Rules include a rejoinder, and the documents were relevant to the controversy; the appellant failed to disprove their genuineness. The tribunal also treated balance-sheet entries, an auditor's report, and written correspondence acknowledging liability and proposing one-time settlement as evidence of financial debt and default. Disputed quantum did not by itself defeat maintainability where debt and default were otherwise shown. On that basis, the Section 7 insolvency application was sustained and the challenge to admission failed. Case-Laws IBC Thu, 13 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785038