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    <title>2026 (4) TMI 1160 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL, PRINCIPAL BENCH, NEW DELHI</title>
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    <description>Interest mentioned only in invoices, without any contract or established course of conduct showing acceptance or payment, cannot be added to operational debt under the Insolvency and Bankruptcy Code, 2016. A unilateral invoice term does not create an enforceable interest liability where mutual consent is absent, and the claimed interest cannot be clubbed with the principal sum to satisfy the statutory default threshold for a Section 9 application. The dispute over interest also indicates a bona fide dispute on enforceability. As the principal outstanding remained below the threshold, the Section 9 application was not maintainable.</description>
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      <description>Interest mentioned only in invoices, without any contract or established course of conduct showing acceptance or payment, cannot be added to operational debt under the Insolvency and Bankruptcy Code, 2016. A unilateral invoice term does not create an enforceable interest liability where mutual consent is absent, and the claimed interest cannot be clubbed with the principal sum to satisfy the statutory default threshold for a Section 9 application. The dispute over interest also indicates a bona fide dispute on enforceability. As the principal outstanding remained below the threshold, the Section 9 application was not maintainable.</description>
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