2023 (4) TMI 1479

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....irperson And Barun Mitra, Member (Technical) For the Appellant : Present but appearance not marked. For the Respondents : Mr. Shubham Paliwal, Mr. Parth Jain, Mr. Puru Jain and Ms. Nitya Prabhakar, Advocates. ORDER I.A. No. 735 of 2023: This is an application praying for condonation of delay of 9 days in filing the appeal. The impugned order was passed on 16.12.2022 and this Appea....

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....ng Authority has admitted the Section 9 application on the basis of admission made by the Corporate Debtor for an amount of Rs. 8,56,836/-, as has been observed in Para 5 of the order. Admittedly, when the admitted amount is more than the threshold, the Adjudicating Authority did not commit any error in admitting Section 9 application. The question as to what is correct amount of debt was the....