Application u/s. 9 of IBC not maintainable on account of pre-existing dispute: NCLAT Delhi

Kashyap lnfraprojects Pvt. Ltd. Vs Hi-Tech Sweet Water Technologies Pvt. Ltd. (NCLAT Del-hi)

NCLAT Delhi held that application under section 9 of Insolvency and Bankruptcy Code 2016 (IBC) of operational creditor not maintainable due to pre-existing dispute. Further, there was no requirement for the Adjudicating Authority to go under the skin of dispute

Facts- The present appeal filed under Section 61 of Insolvency and Bankruptcy Code 2016 by the Appellant arises out of the Order dated 02.11.2022 passed by the Adjudicating Authority. By the impugned order, th

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