https://www.taxtmi.com/caselaws?id=471781 An arbitration agreement does not by itself bar insolvency proceedings for an unpaid operational debt where no genuine dispute existed before service of the demand notice. Insolvency jurisdiction may be invoked when delivery of the demand notice, an acknowledged outstanding liability, partial payment, and a remaining unpaid sum above the statutory threshold are established. The Code's overriding effect applies despite inconsistent contractual instruments or laws. An unsupported assertion that arbitration was invoked cannot establish a pre-existing dispute or prevent initiation where operational debt and default are otherwise proved. en-us Mon, 13 Dec 2021 00:00:00 +0530 Thu, 17 Sep 2026 15:44:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471781 An arbitration agreement does not by itself bar insolvency proceedings for an unpaid operational debt where no genuine dispute existed before service of the demand notice. Insolvency jurisdiction may be invoked when delivery of the demand notice, an acknowledged outstanding liability, partial payment, and a remaining unpaid sum above the statutory threshold are established. The Code's overriding effect applies despite inconsistent contractual instruments or laws. An unsupported assertion that arbitration was invoked cannot establish a pre-existing dispute or prevent initiation where operational debt and default are otherwise proved. Case-Laws IBC Mon, 13 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471781