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2019 (9) TMI 1721 - AT - Insolvency and BankruptcyRejection of Application under Section 9 of IBC - rejection on the ground that there is a dispute about quantum of debt - HELD THAT:- There is no dispute with regard to the aforesaid amount and it remaining outstanding and being more than Rs. 1 Lakh, the Application under Section 9 was fit to be admitted. The impugned order is set aside - case remitted to the Adjudicating Authority to admit the Application under Section 9 after Notice to the Respondent, so that the Respondent may get an opportunity to settle the matter prior to the admission of the Application - appeal allowed.
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