Application u/s. 9 of IBC dismissed as debt fell within 10A restricted period

VPR Mining Private Ltd Vs Gajraj Mining Private Limited (NCLAT Delhi) NCLAT Delhi held that application under section 9 of the Insolvency and Bankruptcy Code rightly dismissed as debt fell within restricted period under section 10A. accordingly, order of Adjudicating Authority upheld. Facts- The present Company Appeal (AT) (Ins) No. 1546 of 2024 has been filed by the Appellant i.e. M/s VPR Mining Private Ltd., who is the Operational Creditor, under Section 61 of the Insolvency and Bankruptcy Code, 2016, challenging the Impugned Order dated 05.04.2024 passed by the National Company Law Tribunal...