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    <title>2020 (3) TMI 1211 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL — NEW DELHI BENCH</title>
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    <description>The Tribunal upheld the decision of the Adjudicating Authority to admit the application under section 9 of the Insolvency and Bankruptcy Code, 2016 against the corporate debtor. The appeal by the shareholder of the corporate debtor was dismissed as the Tribunal found no reason to interfere with the order. The Tribunal determined that the default by the corporate debtor was established, and the alleged dispute regarding payment of dues was not deemed bona fide. No costs were awarded in this matter.</description>
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      <description>The Tribunal upheld the decision of the Adjudicating Authority to admit the application under section 9 of the Insolvency and Bankruptcy Code, 2016 against the corporate debtor. The appeal by the shareholder of the corporate debtor was dismissed as the Tribunal found no reason to interfere with the order. The Tribunal determined that the default by the corporate debtor was established, and the alleged dispute regarding payment of dues was not deemed bona fide. No costs were awarded in this matter.</description>
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