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    <title>2023 (1) TMI 746 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL , PRINCIPAL BENCH , NEW DELHI</title>
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    <description>The Tribunal found in favor of the Corporate Debtor, setting aside the impugned order and releasing them from the Corporate Insolvency Resolution Process. The defense raised was deemed genuine, requiring adjudication by a competent court. The Adjudicating Authority erred in admitting the Section 9 application without fully appreciating the facts. The appeal was allowed with no costs imposed.</description>
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      <description>The Tribunal found in favor of the Corporate Debtor, setting aside the impugned order and releasing them from the Corporate Insolvency Resolution Process. The defense raised was deemed genuine, requiring adjudication by a competent court. The Adjudicating Authority erred in admitting the Section 9 application without fully appreciating the facts. The appeal was allowed with no costs imposed.</description>
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