narrow meaning of a Suit or Arbitration proceeding be constraint
to approach the Court seeking a negative declaration of non-payment which
is prohibited under ... Debtor. Further
as per submission of the Respondent, no negative burden of filing a suit or
arbitration could be casted upon operational creditor in view
action. Further the
challenge to the illegality of the declaration of NPA through a civil
suit is still pending before the Hon'ble High ... existence
of such a dispute cannot be taken to negate the legality of the
declaration of NPA. Therefore, the balance-sheets on which the
section
consumer and he suppressed material
facts and he twisted the facts to suit his convenience and mislead the District
Forum. The appellants submitted that ... insurance policies in her favour and the
proposal form contains instructions and declaration as to the responsibility of
the insured to furnish correct information
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