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    <description>The National Company Law Appellate Tribunal, New Delhi, in a case involving an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, filed by an Operational Creditor against a Corporate Debtor, addressed issues related to settlement before the constitution of the Committee of Creditors. The Tribunal admitted the application despite claims of settlement, emphasizing the importance of following legal procedures and court decisions. The judgment underscores the significance of adherence to established legal precedents in insolvency proceedings.</description>
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