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    <title>2020 (6) TMI 456 - NATIONAL COMPANY LAW TRIBUNAL, CHENNAI</title>
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    <description>The Tribunal admitted the application under Section 9 of the Insolvency and Bankruptcy Code, 2016, initiating the Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor. The application was deemed timely filed within the limitation period. The Tribunal dismissed the Corporate Debtor&#039;s contentions regarding a pre-existing dispute and the inapplicability of Section 19 of the Limitation Act, 1963. Mr. Kannan Sambasivam was appointed as the Interim Resolution Professional, and a moratorium was declared as per Section 14(1) of the IBC, 2016.</description>
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