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    <title>2026 (4) TMI 160 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL, CHENNAI</title>
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    <description>In Section 9 insolvency proceedings, the adjudicating authority may examine the commercial arrangements, termination terms, acknowledgments and communications on record to determine whether debt and default are established; such scrutiny is not a civil trial and does not exceed summary jurisdiction. A pre-existing dispute must be real, substantiated and shown to have existed before the demand notice. On the material described, the subsequent agreement, part payment and email assurances indicated admitted liability, while the alleged damage to returned stock lacked contemporaneous support. The stated material therefore did not establish a genuine prior dispute, and admission of the Section 9 application was not shown to be barred on that ground.</description>
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      <description>In Section 9 insolvency proceedings, the adjudicating authority may examine the commercial arrangements, termination terms, acknowledgments and communications on record to determine whether debt and default are established; such scrutiny is not a civil trial and does not exceed summary jurisdiction. A pre-existing dispute must be real, substantiated and shown to have existed before the demand notice. On the material described, the subsequent agreement, part payment and email assurances indicated admitted liability, while the alleged damage to returned stock lacked contemporaneous support. The stated material therefore did not establish a genuine prior dispute, and admission of the Section 9 application was not shown to be barred on that ground.</description>
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