NCLAT Upholds NCLT’s Rejection of S.9 IBC Application, Citing Pre-Existing Dispute Over Non-Delivery of NOC for Copyright Registration [Read Order]

The NCLT had dismissed the application after determining that the dispute over the NOC existed before the demand notice under Section 8 of the IBC was issued, thereby disqualifying the claim.
By Sneha Sukumaran Mullakkal - On November 25, 2024 4:22 pm - 3 mins read
NCLAT - NCLAT Upholds NCLT's Rejection - NCLAT Delhi - NCLT's Rejection - NCLT - Section 9 Insolvency and Bankruptcy Code - TAXSCAN

The Delhi Bench of the National Company Law Appellate Tribunal ( NCLAT ) upheld the National Company Law Tribunal ( NCLT )’s order rejecting the Operational Creditor’s Section 9 Insolvency and Bankruptcy Code (IBC),2016 application against the Corporate Debtor, citing a pre-existing dispute over the non-delivery of a No Objection Certificate ( NOC ) required…

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