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    <title>2026 (10) TMI 1256 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL PRINCIPAL BENCH, NEW DELHI (LB)</title>
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    <description>Commencement of CIRP vests management of the corporate debtor in the interim resolution professional, rendering an appeal filed in the debtor&#039;s name by a suspended director incompetent from inception. Substitution of that director individually after the statutory appellate period cannot relate back to cure the lack of authority. For operational-creditor insolvency proceedings, a Section 9 enquiry requires a real and plausible pre-existing dispute rather than unsupported objections. Rectified measurement issues, available material certificates, absence of objections from the principal employer, and unauthorised later laboratory reports limited to sampled goods did not establish a genuine quality or contractual dispute; operational debt and default remained established.</description>
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      <description>Commencement of CIRP vests management of the corporate debtor in the interim resolution professional, rendering an appeal filed in the debtor&#039;s name by a suspended director incompetent from inception. Substitution of that director individually after the statutory appellate period cannot relate back to cure the lack of authority. For operational-creditor insolvency proceedings, a Section 9 enquiry requires a real and plausible pre-existing dispute rather than unsupported objections. Rectified measurement issues, available material certificates, absence of objections from the principal employer, and unauthorised later laboratory reports limited to sampled goods did not establish a genuine quality or contractual dispute; operational debt and default remained established.</description>
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