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    <title>2025 (11) TMI 530 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL PRINCIPAL BENCH: NEW DELHI</title>
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    <description>NCLAT affirmed the NCLT&#039;s decision dismissing the challenge to contract termination and blacklisting, holding the termination arose from performance breaches, not the corporate debtor&#039;s insolvency, so the moratorium under S.14 IBC did not bar termination. Relying on SC precedent, the Tribunal held S.60(5) does not grant residual jurisdiction to adjudicate purely contractual disputes unconnected with CIRP, and the termination was not integral to the insolvency process. The appeal was found devoid of merit and dismissed.</description>
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      <description>NCLAT affirmed the NCLT&#039;s decision dismissing the challenge to contract termination and blacklisting, holding the termination arose from performance breaches, not the corporate debtor&#039;s insolvency, so the moratorium under S.14 IBC did not bar termination. Relying on SC precedent, the Tribunal held S.60(5) does not grant residual jurisdiction to adjudicate purely contractual disputes unconnected with CIRP, and the termination was not integral to the insolvency process. The appeal was found devoid of merit and dismissed.</description>
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