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    <title>2025 (9) TMI 199 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL PRINCIPAL BENCH, NEW DELHI (LB)</title>
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    <description>NCLAT (PB) held that the Section 9 application was not maintainable for the full claimed amount because the principal debt (?79,82,857) fell below the ?1 crore threshold and the interest (?45,12,857) could not be included where it was asserted only by a unilateral invoice entry without any agreement or other evidence. The Tribunal&#039;s reliance on that invoice was erroneous. NCLAT also found a pre-existing dispute over alleged fake invoicing justifying withholding of the principal. The appeal was allowed and the impugned order set aside, without any order as to costs.</description>
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    <pubDate>Fri, 29 Aug 2025 00:00:00 +0530</pubDate>
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      <title>2025 (9) TMI 199 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL PRINCIPAL BENCH, NEW DELHI (LB)</title>
      <link>https://www.taxtmi.com/caselaws?id=777710</link>
      <description>NCLAT (PB) held that the Section 9 application was not maintainable for the full claimed amount because the principal debt (?79,82,857) fell below the ?1 crore threshold and the interest (?45,12,857) could not be included where it was asserted only by a unilateral invoice entry without any agreement or other evidence. The Tribunal&#039;s reliance on that invoice was erroneous. NCLAT also found a pre-existing dispute over alleged fake invoicing justifying withholding of the principal. The appeal was allowed and the impugned order set aside, without any order as to costs.</description>
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