IBBI NCLAT Delhi Judgement Dated 03/07/2025 – Application under section 9 of IBC not rejectable as undisputed significant portion of debt is above threshold limit

Case of Leena Salot vs Ridham Synthetics Private Limited,  NCLAT Delhi Judgement Dated 3rd July 2025. The appellant authority held that section 9 application under the IBC cannot be rejected if undisputed portion of the debt is significantly above the minimum threshold limit of Rs 1 Crore and the dispute pertains to a very relatively non-significant part of the claim. 

(Link: NCLAT Delhi Judgement Dated 03/07/2025)

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