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    <title>2019 (11) TMI 774 - NATIONAL COMPANY LAW TRIBUNAL, NEW DELHI (COURT NO. IV)</title>
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    <description>The Tribunal admitted the application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016, by M/s Dynamic Security against M/s Ajit Automotive Services Private Limited for non-payment of dues. The respondent&#039;s admission of debt without a valid defense led to the imposition of a moratorium period under Section 14(1) of the Code. An Interim Resolution Professional was appointed to oversee the proceedings, with directions to file a report within the statutory period as required by the Code.</description>
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      <description>The Tribunal admitted the application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016, by M/s Dynamic Security against M/s Ajit Automotive Services Private Limited for non-payment of dues. The respondent&#039;s admission of debt without a valid defense led to the imposition of a moratorium period under Section 14(1) of the Code. An Interim Resolution Professional was appointed to oversee the proceedings, with directions to file a report within the statutory period as required by the Code.</description>
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