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2017 (12) TMI 1139 - AT - Companies LawCorporate insolvency process - prior existing dispute - Held that:- Looking to the record, we find substance in the arguments of learned counsel for Appellant that indeed there was a prior existing dispute and the application under Section 9 should not have been admitted. In view of the above, the appeal is allowed. The impugned order admitting the Insolvency Resolution Process is quashed and set aside. The further proceedings in view of the impugned order are stopped.
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