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2019 (12) TMI 1390 - Tri - Insolvency and BankruptcyMaintainability of petition - initiation of CIRP - failure on the part of the Corporate Debtor in making payment of the amount claimed under the Demand Notice - Operational Creditor - HELD THAT:- In relation to the franchise agreement under which the claim is made herein, already it is up for consideration before the Hon'ble High Court of Judicature at Madras and taking into consideration the provisions of IBC, 2016, where there is an existence of a dispute between the parties in regard to the claim amount prior to the filing of the Petition, this Tribunal will not be in a position to entertain and go into the same. Petition dismissed.
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