https://www.taxtmi.com/caselaws?id=397554 The National Company Law Appellate Tribunal (NCLAT) allowed the appeal, finding that the National Company Law Tribunal (NCLT) erred in dismissing the application solely based on email correspondence. The NCLAT concluded that the Respondent's defense was not genuine and remitted the case for admission under Section 9 of the Insolvency and Bankruptcy Code. The Respondent was given the option to settle the claim before admission, with the Appellant being able to withdraw the application if settled. No costs were ordered. en-us Wed, 18 Mar 2020 00:00:00 +0530 Sat, 22 Aug 2020 10:45:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397554 The National Company Law Appellate Tribunal (NCLAT) allowed the appeal, finding that the National Company Law Tribunal (NCLT) erred in dismissing the application solely based on email correspondence. The NCLAT concluded that the Respondent's defense was not genuine and remitted the case for admission under Section 9 of the Insolvency and Bankruptcy Code. The Respondent was given the option to settle the claim before admission, with the Appellant being able to withdraw the application if settled. No costs were ordered. Case-Laws Insolvency and Bankruptcy Wed, 18 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397554