Brex breaks down how businesses with diligent invoice verification experience clearer financial visibility, more trusting ...

NCLAT Delhi held that application under section 9 of the Insolvency and Bankruptcy Code [IBC] is not maintainable due to pre-existing dispute between the parties. Accordingly, the appeal is dismissed.

It was also held that stamping of tax/proforma invoices at the site office by lower functionaries merely indicates receipt, not acceptance, by the Respondent. Based on the above, the Tribunal ...