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    <title>2020 (10) TMI 770 - NATIONAL COMPANY LAW TRIBUNAL , NEW DELHI BENCH</title>
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    <description>The National Company Law Tribunal, New Delhi Bench, admitted an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, finding the dispute raised by the Corporate Debtor against the Applicant to be spurious and lacking evidence. The Tribunal established jurisdiction based on the Corporate Debtor&#039;s registered office location and appointed an Interim Resolution Professional, initiating a moratorium period. The Tribunal emphasized the need for genuine disputes supported by evidence, citing relevant legal precedent. The Applicant&#039;s claim for outstanding payment was upheld, and necessary compliance measures were ordered in accordance with the Code.</description>
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