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2018 (12) TMI 1699 - Tri - Insolvency and BankruptcyAdmissibility of application - Initiation of CIRP - Corporate debtor - pre-existing dispute or not - section 9 of Insolvency and Bankruptcy Code, 2016 read with Rule 6 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016 - HELD THAT:- There is ‘Pre-existence dispute’ though is not legally crystalized in any litigation but a valid dispute was raised by corporate debtor time and again much prior to the notice served under section 8 of I & B Code. It is a fit case to reject the application under section 9 of the I & B Code. The present application is hereby dismissed.
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