https://www.taxtmi.com/caselaws?id=782247 NCLAT allowed the appeal and set aside the order of the Adjudicating Authority (NCLT) which had dismissed the operational creditor's Section 9 application. It held that even if the invoice dated 10.05.2020, falling within the Section 10A suspended period, is excluded, the cumulative default still exceeds the threshold of Rs. 1 crore. Since 16 out of 17 invoices predated the 10A period, the operational creditor was entitled to issue a valid demand notice under Section 8 and maintain a Section 9 application. The NCLT erred in treating the notice as invalid and in disallowing the petition. en-us Fri, 21 Nov 2025 00:00:00 +0530 Thu, 27 Nov 2025 08:36:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782247 NCLAT allowed the appeal and set aside the order of the Adjudicating Authority (NCLT) which had dismissed the operational creditor's Section 9 application. It held that even if the invoice dated 10.05.2020, falling within the Section 10A suspended period, is excluded, the cumulative default still exceeds the threshold of Rs. 1 crore. Since 16 out of 17 invoices predated the 10A period, the operational creditor was entitled to issue a valid demand notice under Section 8 and maintain a Section 9 application. The NCLT erred in treating the notice as invalid and in disallowing the petition. Case-Laws IBC Fri, 21 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782247