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Application u/s 9 rightly admitted as dispute w.r.t. quality of goods was raised first time in reply to demand notice

September 3, 2020[2020] 118 taxmann.com 422 (NCL-AT)
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IBC : Where dispute in regard to quality of goods not matching specification of franchiser was for first time raised by corporate debtor in its reply to demand notice and corporate debtor acknowledged liability in respect of an amount of Rs.1.74 crores being due and payable to operational creditor, application under section 9 had rightly been admitted

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