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    <title>2026 (5) TMI 277 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL PRINCIPAL BENCH, NEW DELHI</title>
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    <description>An internal consortium arrangement that separately allocated supply obligations and required payment for materials supplied was treated as giving rise to operational debt where unpaid invoices and written acknowledgments showed a debtor-creditor relationship. A Section 10A objection failed because the pleadings did not establish that the default itself occurred within the protected period, and invoices issued during that period were not enough by themselves. No pre-existing dispute was found where the correspondence instead acknowledged liability for the unpaid supply component. The ratio indicates that acknowledged dues under a segregated supply arrangement can support a Section 9 claim unless a genuine dispute or statutory bar is shown.</description>
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      <description>An internal consortium arrangement that separately allocated supply obligations and required payment for materials supplied was treated as giving rise to operational debt where unpaid invoices and written acknowledgments showed a debtor-creditor relationship. A Section 10A objection failed because the pleadings did not establish that the default itself occurred within the protected period, and invoices issued during that period were not enough by themselves. No pre-existing dispute was found where the correspondence instead acknowledged liability for the unpaid supply component. The ratio indicates that acknowledged dues under a segregated supply arrangement can support a Section 9 claim unless a genuine dispute or statutory bar is shown.</description>
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