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    <title>2023 (1) TMI 456 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL , PRINCIPAL BENCH , NEW DELHI</title>
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    <description>The Adjudicating Authority dismissed the Section 9 application as the disputes raised by the Corporate Debtor were genuine and required further adjudication. The Tribunal upheld this decision, stating the defense was not illusory. The appeal was dismissed, allowing the Appellant to seek remedies elsewhere. No costs were awarded.</description>
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      <description>The Adjudicating Authority dismissed the Section 9 application as the disputes raised by the Corporate Debtor were genuine and required further adjudication. The Tribunal upheld this decision, stating the defense was not illusory. The appeal was dismissed, allowing the Appellant to seek remedies elsewhere. No costs were awarded.</description>
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