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2017 (11) TMI 890 - AT - Insolvency and BankruptcyCorporate insolvency procedure - proof of existence of dispute - Held that:- In the present case, we find that there was an “existence of dispute” between the parties. Learned Counsel for the Respondent-’Operational Creditor’ while did not dispute the aforesaid fact and submits that the amount due to the ‘Operational Creditor’ have already been paid. In view of the fact that there was a dispute between the parties and the decision of the present case is covered by the Hon’ble Supreme Court in “Mo bi lox Innovations Private Ltd v. Kirusa Software Private Ltd [2017 (9) TMI 1270 - SUPREME COURT OF INDIA]” we have no other option but to set aside the impugned order. The said order is accordingly, set aside.
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