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    <title>2022 (1) TMI 771 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL , PRINCIPAL BENCH , NEW DELHI</title>
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    <description>The Appellate Tribunal allowed the appeal, setting aside the Adjudicating Authority&#039;s rejection of the application under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Tribunal found that the rejection based on limitation was unfounded, emphasizing the need for procedural fairness and rectification opportunities before dismissing applications on technical grounds. The matter was remitted for a new decision after 30 days.</description>
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      <description>The Appellate Tribunal allowed the appeal, setting aside the Adjudicating Authority&#039;s rejection of the application under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Tribunal found that the rejection based on limitation was unfounded, emphasizing the need for procedural fairness and rectification opportunities before dismissing applications on technical grounds. The matter was remitted for a new decision after 30 days.</description>
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