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    <title>2026 (2) TMI 36 - SC Order</title>
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    <description>Dismissal of an application under Section 9 for initiation of the corporate insolvency resolution process arose from operational debt created by six agreements requiring payments to the operational creditor. The Supreme Court affirmed the National Company Law Appellate Tribunal&#039;s decision, finding no basis to interfere with the impugned order. The effect is that the Section 9 petition challenging initiation of CIRP was dismissed and the appellate tribunal&#039;s order upholding non-entertainment of the petition was maintained.</description>
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      <description>Dismissal of an application under Section 9 for initiation of the corporate insolvency resolution process arose from operational debt created by six agreements requiring payments to the operational creditor. The Supreme Court affirmed the National Company Law Appellate Tribunal&#039;s decision, finding no basis to interfere with the impugned order. The effect is that the Section 9 petition challenging initiation of CIRP was dismissed and the appellate tribunal&#039;s order upholding non-entertainment of the petition was maintained.</description>
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