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Insolvency plea was to be rejected when debtor raised dispute regarding quality of services provided by creditor

December 26, 2018[2019] 101 226 (NCLT-Beng.)

Insolvency and Bankruptcy Code: Corporate debtor availed digital classroom solution services from operational creditor but in response to demand notice under section 8, corporate debtor raised a dispute regarding defective services provided by operational creditor, there being bona fide dispute raised by debtor in reply, application for initiating insolvency resolution process by operational creditor was to be rejected

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