IBCInsolvency & Bankruptcy CodeWhether a pending proceedings under section 34 of Arbitration and Conciliation Act would constitute as a pre-existing dispute (IBC)
In the case of K. Kishan v. Vijay Nirman Company Pvt Ltd (CIVIL APPEAL NO. 21824 OF 2017) it was held by the Hon’ble Supreme Court that when objections are pending under Section 34 or Section 37 of the Arbitration and Conciliation Act it will be held that the amount is disputed debt. The facts...