https://www.taxtmi.com/caselaws?id=794132 A section 9 insolvency application is not barred by a claimed dispute unless the dispute existed before the demand notice or invoice was received and is supported by contemporaneous material. Here, the alleged defects in goods, return of stock, and accounting adjustments were unsupported by prior correspondence, complaint, debit note, rejection memo, or matching laboratory evidence. Later mediation and civil proceedings did not amount to pre-existing disputes, and post-notice part-payments further indicated unpaid operational debt and default. The section 9 application was therefore admitted, the CIRP initiation was sustained, and the appeal failed. en-us Tue, 30 Jun 2026 00:00:00 +0530 Wed, 01 Jul 2026 08:47:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=794132 A section 9 insolvency application is not barred by a claimed dispute unless the dispute existed before the demand notice or invoice was received and is supported by contemporaneous material. Here, the alleged defects in goods, return of stock, and accounting adjustments were unsupported by prior correspondence, complaint, debit note, rejection memo, or matching laboratory evidence. Later mediation and civil proceedings did not amount to pre-existing disputes, and post-notice part-payments further indicated unpaid operational debt and default. The section 9 application was therefore admitted, the CIRP initiation was sustained, and the appeal failed. Case-Laws IBC Tue, 30 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=794132