https://www.taxtmi.com/caselaws?id=467431 A Section 9 Insolvency and Bankruptcy Code application is not maintainable where a genuine pre-existing dispute exists before the demand notice or insolvency filing. The commentary notes that a dispute letter dated 21.04.2021 raised objections over excess charges and non-issuance of credit notes, and the operational creditor did not specifically deny receipt of that letter in its pleadings. That omission was treated as an admission, and the record showed a real, not illusory or spurious, dispute. The section 9 admission was therefore unsustainable and the application ought to have been rejected on the ground of pre-existing dispute. en-us Wed, 26 Mar 2025 00:00:00 +0530 Wed, 18 Mar 2026 19:01:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467431 A Section 9 Insolvency and Bankruptcy Code application is not maintainable where a genuine pre-existing dispute exists before the demand notice or insolvency filing. The commentary notes that a dispute letter dated 21.04.2021 raised objections over excess charges and non-issuance of credit notes, and the operational creditor did not specifically deny receipt of that letter in its pleadings. That omission was treated as an admission, and the record showed a real, not illusory or spurious, dispute. The section 9 admission was therefore unsustainable and the application ought to have been rejected on the ground of pre-existing dispute. Case-Laws IBC Wed, 26 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467431