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Dispute raised regarding defective goods after demand notice was sham: NCLAT

January 4, 2019[2018] 100 taxmann.com 469 (NCL-AT)
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IBC: Where corporate debtor had not raised dispute as regards defective goods prior to issue of demand notice, dispute raised as defence to triggering of Corporate Insolvency Resolution Process at instance of operational creditor was just a sham designed to defeat petition under section 9 and, therefore, petition under section 9 was rightly admitted

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