NCLAT dismisses operational creditor's insolvency petition on multiple grounds.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Debt claim below statutory threshold. Interest component excluded from operational debt absent express agreement. Claims within Section 10A period excluded. Pending commercial suit between parties bars insolvency application u/s 8. Section 9 petition not maintainable on multiple grounds. Appeal dismissed by NCLAT.....