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    <title>2025 (11) TMI 959 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL PRINCIPAL BENCH, NEW DELHI</title>
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    <description>NCLAT PB, New Delhi allowed the appeal, set aside the Adjudicating Authority&#039;s admission of the Section 9 application and directed immediate release of the corporate debtor from CIRP. The Tribunal found a plausible pre-existing dispute raised by the corporate debtor in its reply to the Section 8 notice - namely that two transactions were distinct and the alleged Rs. 5 lakh payment was not part-payment for the printer - and held that such a non-feeble dispute bars invocation of Section 9 without full adjudication. The operational creditor may pursue alternative remedies.</description>
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    <pubDate>Wed, 15 Oct 2025 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=781491</link>
      <description>NCLAT PB, New Delhi allowed the appeal, set aside the Adjudicating Authority&#039;s admission of the Section 9 application and directed immediate release of the corporate debtor from CIRP. The Tribunal found a plausible pre-existing dispute raised by the corporate debtor in its reply to the Section 8 notice - namely that two transactions were distinct and the alleged Rs. 5 lakh payment was not part-payment for the printer - and held that such a non-feeble dispute bars invocation of Section 9 without full adjudication. The operational creditor may pursue alternative remedies.</description>
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