Home Case Index All Cases Insolvency and Bankruptcy Insolvency and Bankruptcy + Tri Insolvency and Bankruptcy - 2019 (9) TMI Tri This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2019 (9) TMI 964 - NATIONAL COMPANY LAW TRIBUNAL, MUMBAI BENCHMaintainability of application - initiation of CIRP - Corporate Debtor - Default in repayment of amount alongwith interest - pre-existing dispute or not - HELD THAT:- It is clear that there was a pre-existing dispute which was brought to the notice of the Operational Creditor before the receipt of the Demand Notice by the Corporate Debtor. The Company petition has been filed by Supreme Transport Organisation Pvt Ltd, the Operational Creditor under Section 9 of the Insolvency and Bankruptcy Code, 2016 (I&B Code) for initiation of Corporate Insolvency Resolution Process (CIRP) against DSV Air & Sea Pvt Ltd, the Corporate Debtor is rejected.
|