Initiation of CIRP u/s 9 unsustainable as dispute existed prior to issue of demand notice

Feng Ji Vs Giesecke & Devrient MS India Pvt. Ltd. (NCLAT Delhi) NCLAT Delhi held that initiation of CIRP under section 9 of the Insolvency Bankruptcy Code, 2016 unsustainable as dispute regarding credit/refund of the service tax amount existed prior to the issue of demand notice under section 8. Facts- This appeal has been preferred by the Appellant u/s. 61 of the IBC, who is aggrieved by the order dated 20.2.2023 passed by the Adjudicating Authority (NCLT, Chandigarh Bench) in CP(IB) No. 296/Chd/Hry/2019, whereby an application u/s. 9 of the Insolvency and Bankruptcy Code, 2016  filed by...