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2019 (7) TMI 1929 - AT - Insolvency and BankruptcyMaintainability of application - initiation of CIRP - Corporate Debtor failed to make repayment of its dues - Operational Creditors - in view of the existence if dispute, the application u/s 9 of the I&B Code was rejected - HELD THAT:- We are not deliberating on such issue whether the ‘Corporate Debtor’ accepted the liability or not as it is found that the ‘Corporate Debtor’ opposed the application u/s 9 of the I&B Code and the Adjudicating Authority noted from letters dated 14th September, 2017 and 9th October, 2017 that there was an ‘existence of dispute’ prior to issuance of Demand Notice u/s 8(1) of the I&B Code which was issued on 13th November, 2017. The impugned order need not be interfered - appeal dismissed.
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