TaxTMI 
TaxTMI 
2017 (12) TMI 1139
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....nder Singh, JJ. For The Appellants : Mr. Anish Dayal, Mr. Jaideep Maheshwari, Ms. Rupam Sharma, Mr. Arjit Pratap Singh and Mr. S.K Singh, Advocates For The Respondents : Ms. Varsha Banerjee, Mr. Milan Singh Negi and Mr. Kunal Godhwani, Advocates ORDER Heard learned counsel for the appellant as well as the respondent. The present appeal has been filed in view of the admission of Insolvency p....
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....to show that the amount was yet not due for reasons stated. When the matter came up before the learned NCLT, parties for both sides were heard but the learned NCLT did not find the dispute raised by the appellant acceptable and was of the opinion that it was illusory and without legs to stand upon. For reasons recorded the learned NCLT admitted the Insolvency Resolution Process. Now when this ap....
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.... 2016, copy of which has been filed. At that time itself the appellants had raised dispute that between the parties there was an understanding that the appellant would be dealing in the articles received from the respondent and when the purchase order is executed & payment is received Appellant will pay. Dispute was raised that in spite of such understanding the respondent had sold articles direct....