https://www.taxtmi.com/caselaws?id=788568 A section 9 insolvency application is barred only by a genuine, pre-existing dispute that relates to the same operational debt; a dispute arising from a different contract or transaction does not defeat the claim. The text also states that the Insolvency Code applies to proprietorship concerns, so a proprietorship can maintain such proceedings. It further notes that a section 8 demand notice may validly be issued through an authorised advocate or legal representative. On that basis, objections based on the separate franchise arrangement, the creditor's proprietary form, and the use of an advocate for notice were treated as untenable. en-us Thu, 19 Mar 2026 00:00:00 +0530 Wed, 25 Mar 2026 08:49:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788568 A section 9 insolvency application is barred only by a genuine, pre-existing dispute that relates to the same operational debt; a dispute arising from a different contract or transaction does not defeat the claim. The text also states that the Insolvency Code applies to proprietorship concerns, so a proprietorship can maintain such proceedings. It further notes that a section 8 demand notice may validly be issued through an authorised advocate or legal representative. On that basis, objections based on the separate franchise arrangement, the creditor's proprietary form, and the use of an advocate for notice were treated as untenable. Case-Laws IBC Thu, 19 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788568