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2017 (11) TMI 1730 - AT - Insolvency and BankruptcyCorporate insolvency procedure - existence of dispute - Held that:- Admittedly, operational creditor issued notice under sub-section (1) of Section 8 of I & B Code to the Corporate Debtor; in spite of receipt of the such notice, the Corporate Debtor had not disputed the claim nor submitted any reply under sub-section (2) of Section 8 within a period of ten days. It was in the aforesaid circumstances application under Section 9 was filed in Form 5, wherein it was specifically mentioned that ‘no objection has been filed by Corporate Debtor’ under sub-Section (2) of Section 8. In the aforesaid circumstances and in absence of any specific evidence brought on record, we are not inclined to interfere with the impugned order dated 16th August, 2017.
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