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2019 (11) TMI 289 - Tri - Insolvency and BankruptcyMaintainability of application - initiation of CIRP - Corporate Debtor committed default in making payment - existence of dispute or not - Section 9 of I & B Code read with Rule 6 of Insolvency & Bankruptcy (AAA) Rules, 2016 - HELD THAT:- The dispute raised by the Corporate Debtor that they are not liable to pay interest as claimed by the Petitioner, which was categorically informed to the petitioner when reply was given to the first Demand Notice, as early as on 10.01.2019, whereas the second Demand Notice based on which this petition is filed was sent only on 15.01.2019, this is a clear dispute in existence as defined under Section 5(6)(a) of the Code. Petition dismissed.
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