https://www.taxtmi.com/caselaws?id=792936 A corporate insolvency note discusses rejection of a Section 9 application on the grounds of alleged pre-existing dispute, acknowledgment of debt, operational debt, moonshine defence, and the Section 10A bar. It records that the NCLAT found no established pre-existing dispute and set aside rejection of the Section 9 application, holding that the operational creditor could obtain admission if the debt was not paid within the time granted. It further notes that the Supreme Court dismissed the appeal, declining interference because no substantial question of law was involved. en-us Mon, 01 Jun 2026 00:00:00 +0530 Sat, 06 Jun 2026 08:42:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792936 A corporate insolvency note discusses rejection of a Section 9 application on the grounds of alleged pre-existing dispute, acknowledgment of debt, operational debt, moonshine defence, and the Section 10A bar. It records that the NCLAT found no established pre-existing dispute and set aside rejection of the Section 9 application, holding that the operational creditor could obtain admission if the debt was not paid within the time granted. It further notes that the Supreme Court dismissed the appeal, declining interference because no substantial question of law was involved. Case-Laws IBC Mon, 01 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792936