https://www.taxtmi.com/caselaws?id=467893 Insolvency proceedings cannot be used to recover disputed contractual dues where liability is contested and requires evidentiary determination. The claimed amounts arose from execution and maintenance work, but the debtor did not admit liability and the contract provided for arbitration as the dispute-resolution mechanism. Because the claim depended on underlying contractual obligations and factual inquiry, the insolvency forum was not the proper venue for adjudication or recovery. The appellate tribunal therefore found no reason to interfere with the order rejecting the application, leaving the parties to pursue the dispute before the contractual or arbitral forum. en-us Wed, 30 Apr 2025 00:00:00 +0530 Wed, 08 Apr 2026 20:27:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467893 Insolvency proceedings cannot be used to recover disputed contractual dues where liability is contested and requires evidentiary determination. The claimed amounts arose from execution and maintenance work, but the debtor did not admit liability and the contract provided for arbitration as the dispute-resolution mechanism. Because the claim depended on underlying contractual obligations and factual inquiry, the insolvency forum was not the proper venue for adjudication or recovery. The appellate tribunal therefore found no reason to interfere with the order rejecting the application, leaving the parties to pursue the dispute before the contractual or arbitral forum. Case-Laws IBC Wed, 30 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467893