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2022 (2) TMI 253 - AT - Insolvency and BankruptcyMaintainability of application - initiation of CIRP - Corporate Debtor failed to make repayment of its dues - Operational Creditors - pre-existing disputes between the parties or not - HELD THAT:- The notice under Section 8 was issued on 02.01.2019 and immediately thereafter Legal Notice dated 07.01.2019 was issued by the Corporate Debtor giving details of shortcoming at different places and making serious allegations against the Appellant. There is pre-existing dispute between the parties. Serious allegations have been made against the Appellant by the Corporate Debtor and the Adjudicating Authority did not commit any error in rejecting the Application under Section 9. There is no merit in this Appeal - appeal dismissed.
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