https://www.taxtmi.com/caselaws?id=467570 Operational debt and default were found to be established where communications, including WhatsApp messages, contained clear acknowledgements of liability and repeated assurances to pay, even after the demand notice. The alleged objection regarding quality of goods and material test certificates was not accepted as a genuine pre-existing dispute because no timely protest was raised before utilisation of the goods and the record did not show a credible dispute existing before notice. On that basis, the Section 9 application was held maintainable, the rejection order was set aside, and the matter was directed to proceed under the insolvency resolution framework with appointment of an Interim Resolution Professional. en-us Mon, 16 Dec 2024 00:00:00 +0530 Tue, 24 Mar 2026 19:07:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467570 Operational debt and default were found to be established where communications, including WhatsApp messages, contained clear acknowledgements of liability and repeated assurances to pay, even after the demand notice. The alleged objection regarding quality of goods and material test certificates was not accepted as a genuine pre-existing dispute because no timely protest was raised before utilisation of the goods and the record did not show a credible dispute existing before notice. On that basis, the Section 9 application was held maintainable, the rejection order was set aside, and the matter was directed to proceed under the insolvency resolution framework with appointment of an Interim Resolution Professional. Case-Laws IBC Mon, 16 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467570