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    <title>2018 (6) TMI 1259 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL, NEW DELHI</title>
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    <description>The appeal by M/s Paharpur Colling Towers Limited (Operational Creditor) against the dismissal of their application under Section 9 of the Insolvency &amp;amp; Bankruptcy Code, 2016 was denied by the Appellate Tribunal. The dismissal was upheld due to the existence of a dispute and the incorrect filing of the application by the Company Secretary, who was found not authorized to file on behalf of the creditor. The Tribunal emphasized that a &quot;Power of Attorney Holder&quot; cannot file on behalf of a Financial or Operational Creditor. The Appellant was advised to pursue any admitted dues through the appropriate forum.</description>
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      <description>The appeal by M/s Paharpur Colling Towers Limited (Operational Creditor) against the dismissal of their application under Section 9 of the Insolvency &amp;amp; Bankruptcy Code, 2016 was denied by the Appellate Tribunal. The dismissal was upheld due to the existence of a dispute and the incorrect filing of the application by the Company Secretary, who was found not authorized to file on behalf of the creditor. The Tribunal emphasized that a &quot;Power of Attorney Holder&quot; cannot file on behalf of a Financial or Operational Creditor. The Appellant was advised to pursue any admitted dues through the appropriate forum.</description>
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