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2019 (9) TMI 839 - AT - Insolvency and BankruptcyAdmissibility of application - Initiation of CIRP - ‘Corporate Debtor’ had issued post-dated cheques which got dishonoured - Existence of dispute or not - HELD THAT:- There is ‘existence of dispute’ and the application u/s 9 was not maintainable. However, further the counsel for the Appellant has handed over the draft of ₹ 2,81,250/- dated 8th March, 2019 issued by the IDBI Bank, Chandrapur, Maharashtra. We are of the view that it is a fit case to close the proceedings. Application dismissed.
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