Agreement not being engrossed on stamped paper doesn’t affect claim of Operational Creditor

Smartworks Coworking Spaces Private Limited Vs Turbot Hq India Private Limited (NCLAT Delhi) NCLAT Delhi held that when Agreement was admittedly executed between the parties, signed by both the parties and acted upon, mere fact that it not being engrossed on stamped papers shall have no adverse consequence on the claim of the Operational Creditor. Facts- This Appeal by an Operational Creditor has been filed challenging the Order dated 08th April, 2022 by which order Section 9 Application of I&B Code, 2016 filed by the Appellant has been rejected holding that dues claimed by the Appellant a...