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2017 (8) TMI 1572 - Tri - Insolvency and BankruptcyMaintainability of petition - Initiation of CIRP - outstanding debt to be recovered from the Corporate Debtor - Section 9 of the Insolvency Bankruptcy Code, 2016 - submission of the Ld. Counsel for the Financial Creditor that prior to the notice under Section 433 of the Companies Act, 1956, no dispute was raised remains unrebutted - HELD THAT:- This Bench is satisfied that the alleged dispute is a mere eyewash and an attempt to derail the Financial Creditor's entitlement to initiate the present proceedings. As the Financial Creditor has not proposed the name of any Resolution Professional matter is referred to the IBBI to propose a suitable name. To come up on 24th August, 2017.
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