https://www.taxtmi.com/caselaws?id=787354 Where documentary material (audit confirmations, audited balance sheet entries and ledger statements) demonstrated a dispute existing prior to or contemporaneous with the demand notice, the Section 9 application by an operational creditor should be rejected because the record discloses a pre-existing dispute or a plausible defence that is not patently feeble and requires adjudication outside the insolvency process; accordingly the insolvency petition was dismissed for lack of admissibility under the statutory tests governing operational debt and notice of dispute. en-us Wed, 25 Feb 2026 00:00:00 +0530 Tue, 03 Mar 2026 08:42:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787354 Where documentary material (audit confirmations, audited balance sheet entries and ledger statements) demonstrated a dispute existing prior to or contemporaneous with the demand notice, the Section 9 application by an operational creditor should be rejected because the record discloses a pre-existing dispute or a plausible defence that is not patently feeble and requires adjudication outside the insolvency process; accordingly the insolvency petition was dismissed for lack of admissibility under the statutory tests governing operational debt and notice of dispute. Case-Laws IBC Wed, 25 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787354