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2020 (2) TMI 695 - Tri - Insolvency and BankruptcyMaintainability of application - initiation of CIRP - Corporate Debtor failed to make repayment of its debt - debt due and payable or not - HELD THAT:- It is clear that there is ongoing pre-existing dispute between both the parties. The Hon'ble Supreme Court has held that existence of undisputed debt is sine qua non of initiating Corporate Insolvency Resolution Process (CIRP) in Transmission Corporation of Andhra Pradesh Ltd. v. Equipment Conductors Cables Ltd. [ 2018 (10) TMI 1337 - SUPREME COURT ]. Petition dismissed.
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