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2018 (6) TMI 1697 - AT - Insolvency and BankruptcyMaintainability of application - initiation of CIRP - Corporate Debtor failed to make repayment of its debt - existence of dispute or not - HELD THAT:- The fact that the Corporate Debtor agreed to pay tentative amount of ₹ 1 crore, but finally settled for ₹ 75 Lakhs plus GST show that there some discussion was going on with regard to amount actually payable to the 1st Respondent, therefore, it can be accepted that there was an existence of dispute about the payment of debt. Application not maintainable and is dismissed.
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