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<h1>Insolvency petition dismissed for delay in filing under Section 9 of I&B Code.</h1> <h3>Ceasefire Industries Ltd Versus Cambay SEZ Hotels Ltd</h3> Ceasefire Industries Ltd Versus Cambay SEZ Hotels Ltd - TMI The National Company Law Tribunal Ahmedabad dismissed the Insolvency and Bankruptcy petition due to a delay of 358 days in filing the petition under Section 9 of the I&B Code. The delay was not condoned, leading to the dismissal of the petition as time-barred.