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    <title>2026 (3) TMI 1457 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL PRINCIPAL BENCH, NEW DELHI</title>
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    <description>Crystallised dues for annual listing fee, coupled with freeze of the corporate debtor&#039;s own demat accounts, gave the dispute a sufficient insolvency nexus. Section 60(5)(c) of the Insolvency and Bankruptcy Code empowered the Adjudicating Authority to deal with questions arising out of insolvency or liquidation, and the need to preserve and realise the corporate debtor&#039;s assets for creditors fell within that remit. The securities law regime governing stock-exchange compliance and default consequences did not exclude insolvency jurisdiction where the relief sought was de-freezing to enable administration of assets in insolvency proceedings. The Adjudicating Authority therefore had jurisdiction to allow de-freezing, and the appeals were dismissed.</description>
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      <description>Crystallised dues for annual listing fee, coupled with freeze of the corporate debtor&#039;s own demat accounts, gave the dispute a sufficient insolvency nexus. Section 60(5)(c) of the Insolvency and Bankruptcy Code empowered the Adjudicating Authority to deal with questions arising out of insolvency or liquidation, and the need to preserve and realise the corporate debtor&#039;s assets for creditors fell within that remit. The securities law regime governing stock-exchange compliance and default consequences did not exclude insolvency jurisdiction where the relief sought was de-freezing to enable administration of assets in insolvency proceedings. The Adjudicating Authority therefore had jurisdiction to allow de-freezing, and the appeals were dismissed.</description>
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