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    <title>2025 (6) TMI 604 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL , PRINCIPAL BENCH , NEW DELHI - LB</title>
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    <description>Admission under Section 7 of the IBC concerned a default in repayment exceeding the stated threshold. The parties were permitted to file an appropriate application under the Code and the Regulations before the Tribunal to obtain an order of settlement, and the interim order in the appeals was directed to continue until such order is passed. On that basis, the appeals were disposed of as infructuous and any pending interlocutory applications were closed.</description>
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      <description>Admission under Section 7 of the IBC concerned a default in repayment exceeding the stated threshold. The parties were permitted to file an appropriate application under the Code and the Regulations before the Tribunal to obtain an order of settlement, and the interim order in the appeals was directed to continue until such order is passed. On that basis, the appeals were disposed of as infructuous and any pending interlocutory applications were closed.</description>
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