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IBC - Highlights / Catch Notes

Home Highlights November 2023 Year 2023 This

Rejection of section 9 application - pre-existing dispute - The ...

Insolvency and Bankruptcy

November 8, 2023

Rejection of section 9 application - pre-existing dispute - The Adjudicating Authority did not commit any error in holding that there is a pre-existing dispute. When the Corporate Debtor even prior to issuance of demand notice has denied liability to pay, pre-existing dispute was there - there are no ground to interfere with the impugned order rejecting Section 9 application. - AT

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