Dispute Raised For First Time In Reply About Quality Of Goods Will Not Constitute Pre Existing Dispute About Operational Debt Under IBC : NCLAT [Read Order]
Manu Sebastian
29 Nov 2018 4:08 PM IST
![Dispute Raised For First Time In Reply About Quality Of Goods Will Not Constitute Pre Existing Dispute About Operational Debt Under IBC : NCLAT [Read Order] Dispute Raised For First Time In Reply About Quality Of Goods Will Not Constitute Pre Existing Dispute About Operational Debt Under IBC : NCLAT [Read Order]](https://www.livelaw.in/cms/wp-content/uploads/2018/10/nclat.jpg)
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29 Nov 2018 4:08 PM IST
The National Company Law Appellate Tribunal has held that a dispute raised for the first time in reply to demand notice or in response to Adjudicating Authority regarding quality of goods will not amount to pre-existing dispute about operational debt under the Insolvency and Bankruptcy Code.The Tribunal was dealing with an appeal filed by share holder of a company challenging order passed...
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