https://www.taxtmi.com/caselaws?id=802291 Pre-existing, plausible and non-illusory disputes over operational debt require rejection of an operational creditor's insolvency application. A late or absent reply to a demand notice does not prevent the debtor from relying on evidence of an earlier dispute. A holding response withholding admission of the demand may constitute notice of dispute even without specific details. The dispute must be supported by evidence, but its likely success need not be determined. Relevant communications may concern outstanding credit notes, detention and demurrage charges, reconciliation and the amount payable, provided they relate to the transactions underlying the claim. en-us Fri, 30 Oct 2026 00:00:00 +0530 Wed, 04 Nov 2026 08:42:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=802291 Pre-existing, plausible and non-illusory disputes over operational debt require rejection of an operational creditor's insolvency application. A late or absent reply to a demand notice does not prevent the debtor from relying on evidence of an earlier dispute. A holding response withholding admission of the demand may constitute notice of dispute even without specific details. The dispute must be supported by evidence, but its likely success need not be determined. Relevant communications may concern outstanding credit notes, detention and demurrage charges, reconciliation and the amount payable, provided they relate to the transactions underlying the claim. Case-Laws IBC Fri, 30 Oct 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=802291