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    <title>2021 (10) TMI 113 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL , PRINCIPAL BENCH, NEW DELHI</title>
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    <description>The appellate tribunal upheld the adjudicating authority&#039;s decision to dismiss the company petition under Section 9 of the Insolvency and Bankruptcy Code (IBC). The tribunal found the claims time-barred, noted pre-existing disputes between the parties, and determined that the debt did not qualify as operational debt under the IBC. The appeal was dismissed, and the judgment was to be uploaded on the tribunal&#039;s website and communicated to the adjudicating authority.</description>
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      <link>https://www.taxtmi.com/caselaws?id=413061</link>
      <description>The appellate tribunal upheld the adjudicating authority&#039;s decision to dismiss the company petition under Section 9 of the Insolvency and Bankruptcy Code (IBC). The tribunal found the claims time-barred, noted pre-existing disputes between the parties, and determined that the debt did not qualify as operational debt under the IBC. The appeal was dismissed, and the judgment was to be uploaded on the tribunal&#039;s website and communicated to the adjudicating authority.</description>
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