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    <title>Admission of CP in NCLT Court</title>
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    <description>An operational creditor must issue a demand notice and, if the corporate debtor does not pay or validly dispute, may file an application in the prescribed form supported by the invoice or demand notice, an affidavit of absence of dispute, banking confirmation of nonpayment, and other required information; the Adjudicating Authority will decide within the statutory decision period whether to admit the application by checking completeness, nonpayment, delivery of the invoice or notice, absence of dispute in records or information utility, and absence of disciplinary proceedings against any proposed resolution professional.</description>
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