https://www.taxtmi.com/caselaws?id=789240 A section 9 insolvency application cannot be rejected on the basis of an alleged pre-existing dispute unless the adjudicating authority examines the rival pleadings, considers the material on record, and records reasoned findings showing that the dispute is genuine and existing. Where the refusal to admit the petition lacks application of mind or adequate reasons, the order is unsustainable. The appellate body quashed the impugned orders and remitted the matters for fresh consideration on merits on the existing record, without being influenced by its observations. en-us Wed, 29 Oct 2025 00:00:00 +0530 Mon, 06 Apr 2026 08:51:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789240 A section 9 insolvency application cannot be rejected on the basis of an alleged pre-existing dispute unless the adjudicating authority examines the rival pleadings, considers the material on record, and records reasoned findings showing that the dispute is genuine and existing. Where the refusal to admit the petition lacks application of mind or adequate reasons, the order is unsustainable. The appellate body quashed the impugned orders and remitted the matters for fresh consideration on merits on the existing record, without being influenced by its observations. Case-Laws IBC Wed, 29 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789240