The special bench at Delhi noted that there were pre-existing disputes between the parties before the issuance of the demand notice and refused to allow the insolvency application.
Supreme Court IBC | Section 9 Petition Not To Be Dismissed If Few Invoices Are Time Barred But Remaining Invoices Are Not; Supreme Court Case Title: M/S Next Education India Pvt. Ltd. v M/S.
The Tribunal decided to proceed with hearing the oppression and mismanagement case in camera since there were allegations of matrimonial discord involved.