https://www.taxtmi.com/caselaws?id=437639 The Supreme Court remitted a case back to the National Company Law Appellate Tribunal (NCLAT) for further examination, challenging the NCLAT's judgment on an application under Section 9 of the Insolvency and Bankruptcy Code. The appellant disputed the amount claimed by the respondent, arguing that only a lesser sum was due. The Supreme Court found that the NCLAT had not adequately determined if any amount beyond the admitted sum was owed. The matter was sent back to the NCLAT for reconsideration, with all parties' arguments left open for discussion. en-us Tue, 18 Apr 2023 00:00:00 +0530 Fri, 12 May 2023 08:26:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=437639 The Supreme Court remitted a case back to the National Company Law Appellate Tribunal (NCLAT) for further examination, challenging the NCLAT's judgment on an application under Section 9 of the Insolvency and Bankruptcy Code. The appellant disputed the amount claimed by the respondent, arguing that only a lesser sum was due. The Supreme Court found that the NCLAT had not adequately determined if any amount beyond the admitted sum was owed. The matter was sent back to the NCLAT for reconsideration, with all parties' arguments left open for discussion. Case-Laws Insolvency and Bankruptcy Tue, 18 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=437639