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    <title>2017 (10) TMI 1548 - NATIONAL COMPANY LAW TRIBUNAL, NEW DELHI</title>
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    <description>The Tribunal rejected the petition to initiate Corporate Insolvency Resolution Process under Section 9 of the Insolvency and Bankruptcy Code, 2016, emphasizing that the disputes predated the insolvency notice and should be resolved through arbitration due to their genuineness and complexity. The Tribunal highlighted the importance of addressing such disputes in appropriate forums and concluded that the existing issues required adjudication beyond its jurisdiction, leading to the dismissal of the petition without costs awarded.</description>
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      <description>The Tribunal rejected the petition to initiate Corporate Insolvency Resolution Process under Section 9 of the Insolvency and Bankruptcy Code, 2016, emphasizing that the disputes predated the insolvency notice and should be resolved through arbitration due to their genuineness and complexity. The Tribunal highlighted the importance of addressing such disputes in appropriate forums and concluded that the existing issues required adjudication beyond its jurisdiction, leading to the dismissal of the petition without costs awarded.</description>
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