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TMI Blog2019 (7) TMI 1929X X X X Extracts X X X X X X X X Extracts X X X X ..... t deliberating on such issue whether the Corporate Debtor accepted the liability or not as it is found that the Corporate Debtor opposed the application u/s 9 of the I B Code and the Adjudicating Authority noted from letters dated 14th September, 2017 and 9th October, 2017 that there was an existence of dispute prior to issuance of Demand Notice u/s 8(1) of the I B Code which was issued on 1 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n 9th October, 2017, the Corporate Debtor intimated the Appellant (Operational Creditor) that it had supplied 1888.500 Metric Tonnes of Clinker without letter of credit , out of which, 1376.140 Metric Tonnes was having quality and operational problems, by which, the Corporate Debtor , has sustained loss of Rs.23,70,583/- for which the Board of Directors of the Corporate Debtor passed a resol ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Authority noted from letters dated 14th September, 2017 and 9th October, 2017 that there was an existence of dispute prior to issuance of Demand Notice u/s 8(1) of the I B Code which was issued on 13th November, 2017. For the reason aforesaid, we are not inclined to interfere with the impugned order dated 22nd May, 2019. However, the order dated 22nd May, 2019 passed by the Adjudicating Autho ..... X X X X Extracts X X X X X X X X Extracts X X X X
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