2023 (8) TMI 1699

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....23 - -<br>Insolvency & Bankruptcy<br>Justice Ashok Bhushan, Chairperson And Barun Mitra, Member (Technical) For the Appellant: Mr. Kunal Tandon, Mr. Pulkit Agarwall and Mr. Ashutosh Kumar, Advocates. For the Respondent: Mr. Prakhar Tandon, Advocate. ORDER This Appeal has been filed against order dated 28.04.2023 passed by the Adjudicating Authority by which order on a Section 9 applica....

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....w claimed by the Appellant is Rs.&nbsp;1.70 Crore, which was claimed as compensation. The Adjudicating Authority took the view that the claim of compensation cannot be said to be amount on basis of which application under Section 9 can be admitted. It has been held that the Operational Debt claimed by the petitioner must be crystallized, undisputed and not something which requires adjudication by ....