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NCLT Overlooked Settlement in Dispute; Case Remanded for Corporate Insolvency Resolution u/s 9, IBC.

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....Initiation of Corporate Insolvency Resolution Process - NCLT missed vital information regrading dispute after non payment and settlement was made before court - claim was not barred by limitation - remanded to settle the matter before Adjudicating Authority for admit the application u/s 9 of I&B Code....

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NCLT Overlooked Settlement in Dispute; Case Remanded for Corporate Insolvency Resolution u/s 9, IBC.