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IBC - Highlights / Catch Notes

Home Highlights January 2025 Year 2025 This

Debt claim below statutory threshold. Interest component ...


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

January 17, 2025

Case Laws     IBC     AT

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.

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