https://www.taxtmi.com/caselaws?id=788943 Under the Insolvency and Bankruptcy Code, the correct contractual credit period must be applied invoice-wise when computing the default date and the Section 10A barred amount; invoices from the Indian warehouse were subject to a 40-day period, and the misapplication of a 90-day period distorted the exclusion calculation. A pre-existing dispute was not established because the relied-upon tripartite arrangement and later email arose after default and after the Section 8 demand. A mismatch between the demand notice amount and the Section 9 claim was not fatal where it was explained by part-payments and contractual interest and the operational debt remained above the statutory threshold. en-us Mon, 30 Mar 2026 00:00:00 +0530 Wed, 01 Apr 2026 07:51:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788943 Under the Insolvency and Bankruptcy Code, the correct contractual credit period must be applied invoice-wise when computing the default date and the Section 10A barred amount; invoices from the Indian warehouse were subject to a 40-day period, and the misapplication of a 90-day period distorted the exclusion calculation. A pre-existing dispute was not established because the relied-upon tripartite arrangement and later email arose after default and after the Section 8 demand. A mismatch between the demand notice amount and the Section 9 claim was not fatal where it was explained by part-payments and contractual interest and the operational debt remained above the statutory threshold. Case-Laws IBC Mon, 30 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788943