# In the matter of Continental Carriers Pvt. Ltd. Vs. Camson Agri-Ventures Pvt. Ltd. CA(AT)(Insolvency) 523-2019

> NCLAT judgment dated 2019-05-16. Citation: TCN-2019-NCLAT-00545. The Appellant filed an application under Section 9 of the Insolvency and Bankruptcy Code,…

- **Court:** NCLAT
- **Order date:** 16 May 2019
- **Citation:** TCN-2019-NCLAT-00545
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclat-new-delhi/continental-carriers-pvt-ltd-vs-camson-agri-ventures-pvt-ltd-ca-5c489090

## Summary

### Background

The Appellant filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, for initiating the Corporate Insolvency Resolution Process against the Corporate Debtor. The Adjudicating Authority (National Company Law Tribunal), Bengaluru Bench, rejected the application due to the existence of a dispute.

## Facts

The Appellant, Continental Carriers Pvt. Ltd., filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, to initiate the Corporate Insolvency Resolution Process against the Corporate Debtor, Camson Agri Ventures Private Limited. The Adjudicating Authority rejected the application due to the existence of a dispute. The Appellant issued a demand notice under Section 8(1) of the I&B Code on October 30, 2017. Prior to the issuance of the demand notice, the Corporate Debtor raised a dispute about insufficient services in sending the goods on time. The Appellant is a transport carrier providing services, not goods. The court found that there was a dispute about providing proper services.

## Issues and analysis

### Issue 1: Whether the application under Section 9 of the Insolvency and Bankruptcy Code, 2016, is …

**Ratio:** An application under Section 9 of the I&B Code is not maintainable if there is a

…

**Reasoning:** The court reasoned that the Corporate Debtor had raised a dispute about insufficient

…

**Interpretation:** Section 9 of the I&B Code allows an operational creditor to initiate the

…

**Application:** In this case, the Corporate Debtor raised a dispute about insufficient services

…

## Parties

- **Judges:** S.J. Mukhop…; A.I.S. C…; +1 more
- **Appellants:** Continental…
- **Respondents:** Camson Agri…; Camson Agri-Ventur…

## Timeline

- **2017-03-06 — E-mail Demand…**: Issuance of demand…
- **2017-10-30 — Demand Notice…**: Demand Notice under Section 8(1) of the…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 9 — Application for initiation of corporate insolvency…](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-9)

---

This is a preview. The full structured summary, issues, precedents and source judgment are available on CaseEase - Legal Intelligence Simplified: https://caseease.in/cases/ibc/nclat-new-delhi/continental-carriers-pvt-ltd-vs-camson-agri-ventures-pvt-ltd-ca-5c489090