https://www.taxtmi.com/caselaws?id=291922 The National Company Law Appellate Tribunal allowed the appeal filed by M/s Mitcon Consultancy & Engineering Services Limited against the rejection of their application under Section 9 of the Insolvency and Bankruptcy Code 2016. The rejection was based on the inclusion of legal expenses claimed by the appellant, which the respondent disputed post Demand Notice. The Tribunal held that disputes arising after the Demand Notice cannot be considered to reject an application under Section 9. The impugned order was set aside, and the case was remitted for admission, with directions for moratorium and the appointment of an Interim Resolution Professional, with no order as to costs. en-us Thu, 05 Jul 2018 00:00:00 +0530 Mon, 30 Nov 2020 19:11:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291922 The National Company Law Appellate Tribunal allowed the appeal filed by M/s Mitcon Consultancy & Engineering Services Limited against the rejection of their application under Section 9 of the Insolvency and Bankruptcy Code 2016. The rejection was based on the inclusion of legal expenses claimed by the appellant, which the respondent disputed post Demand Notice. The Tribunal held that disputes arising after the Demand Notice cannot be considered to reject an application under Section 9. The impugned order was set aside, and the case was remitted for admission, with directions for moratorium and the appointment of an Interim Resolution Professional, with no order as to costs. Case-Laws Insolvency and Bankruptcy Thu, 05 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291922