https://www.taxtmi.com/caselaws?id=799192 Section 9 of the Insolvency and Bankruptcy Code cannot support admission where a corporate debtor raises a plausible, bona fide pre-existing dispute requiring investigation. Disputes over the crystallisation and contractual entitlement to an outcome-based professional fee, the meaning of contractual success, and the effect of pending GST proceedings existed before the statutory demand notice. Rejected invoices and contemporaneous correspondence supported those disputes. The setting aside of the GST order underpinning much of the fee claim, along with unresolved questions concerning the capacity in which services were rendered and the regulatory permissibility of outcome-based fees, meant that no undisputed crystallised operational debt was established. en-us Tue, 25 Aug 2026 00:00:00 +0530 Fri, 18 Sep 2026 07:32:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=799192 Section 9 of the Insolvency and Bankruptcy Code cannot support admission where a corporate debtor raises a plausible, bona fide pre-existing dispute requiring investigation. Disputes over the crystallisation and contractual entitlement to an outcome-based professional fee, the meaning of contractual success, and the effect of pending GST proceedings existed before the statutory demand notice. Rejected invoices and contemporaneous correspondence supported those disputes. The setting aside of the GST order underpinning much of the fee claim, along with unresolved questions concerning the capacity in which services were rendered and the regulatory permissibility of outcome-based fees, meant that no undisputed crystallised operational debt was established. Case-Laws IBC Tue, 25 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=799192