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2019 (10) TMI 1522 - AT - Insolvency and BankruptcyMaintainability of application - initiation of CIRP - Corporate Debtor failed to make repayment of its dues - Operational Creditors - existence of debt and dispute or not - Breach of agreement - HELD THAT:- If documents have been placed showing that there is a ‘pre-existence of dispute’ with regard to the alleged claim, the Adjudicating Authority without going into the merit of the case, had rightly rejected the application under Section 9 on the ground that there is ‘pre-existence of dispute’. Appeal dismissed.
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