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2023 (11) TMI 314

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..... >Insolvency & Bankruptcy
[Justice Ashok Bhushan] Chairperson, [Barun Mitra] Member (Technical) And [Arun Baroka] Member (Technical) For the Appellant : Mr. Gursat Singh and Mr. Pranav Khanna, Advocates For the Respondent : Mr. Anand Shankar Jha, Mr. Sachin Mintri, Mr. Abhilekh Tiwari and Mr. Arpit Gupta, Advocates ORDER Heard learned counsel for the Appellant. This Appeal has been filed aga .....

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..... same are totally false and baseless. As would be demonstrable from the present action, your Client had made a fictitious and fabricated claim for making unjust enrichment at the expense of M/s. Larsen & Toubro Limited (hereinafter referred to as "L&T") by resorting to dubious coercive methods including the present attempt of serving frivolous and scathing notices to its Key Management Personnel. .....

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..... tween the parties. 3. The Appellant challenging the rejection of application under Section 9 submits that Respondent never disputed the amount claimed by the Appellant, which is clear from emails between the parties. He submits that the amount having not been disputed, termination of Work Order cannot be treated to be pre-existing dispute and there was regular business transaction between the par .....

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..... to the following effect: "(vii) That the contents of the last para of your Legal Notice are false and hence denied for the reasons stated hereinbefore. No amount is due and payable to your Client, much less the amounts of Rs.245955.25 and/or Rs.18081534.35/- as alleged or even otherwise. As no amounts are due and payable, therefore the payment of interest on any amounts, does not arise, at all. .....

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