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2022 (11) TMI 567 - AT - Insolvency and BankruptcyMaintainability of petition - initiation of CIRP - Corporate Debtor failed to make repayment of its dues - Operational Creditors - Notice of Dispute issued by the Corporate Debtor after receiving the Demand Notice - pre-existing dispute between the parties or not - HELD THAT:- The Notice of Dispute issued by the Corporate Debtor after receiving the Demand Notice, which notice of dispute contains relevant facts indicating that there is pre-existing dispute. The Adjudicating Authority has rightly rejected the Application filed under Section 9 of the Code as per the provisions of the Code. Thus, no illegality has been committed by the Adjudicating Authority in rejecting the Section 9 Application - appeal dismissed.
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