https://www.taxtmi.com/caselaws?id=791969 A Section 9 insolvency application was found barred because the record disclosed a genuine pre-existing dispute over performance, completion, quality, and liability. Repeated correspondence, defect complaints, and termination of work orders showed that the claim was not an undisputed operational debt and that default could not be determined summarily. The plea that work was stopped by the Airport Authority of India did not displace the earlier contractual breaches, and any contention based on frustration of contract was treated as a matter for civil adjudication and damages, not insolvency relief. The applicant was therefore left to ordinary civil remedies rather than insolvency resolution. en-us Tue, 19 May 2026 00:00:00 +0530 Thu, 21 May 2026 08:30:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=791969 A Section 9 insolvency application was found barred because the record disclosed a genuine pre-existing dispute over performance, completion, quality, and liability. Repeated correspondence, defect complaints, and termination of work orders showed that the claim was not an undisputed operational debt and that default could not be determined summarily. The plea that work was stopped by the Airport Authority of India did not displace the earlier contractual breaches, and any contention based on frustration of contract was treated as a matter for civil adjudication and damages, not insolvency relief. The applicant was therefore left to ordinary civil remedies rather than insolvency resolution. Case-Laws IBC Tue, 19 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=791969