NCLT Chandigarh admitted a Section 9 IBC application against SynergyByte for default of ₹1.06 crore in unpaid digital marketing dues, finding no pre-existing dispute.
NCLT Chandigarh Admits Section 9 CIRP for Digital Marketing Dues
The NCLT, Chandigarh, admitted a corporate insolvency resolution process (CIRP) application under Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016, filed by a creditor against SynergyByte for non-payment of ₹1.06 crore in digital marketing service invoices.
The tribunal held that the existence of undisputed invoices, coupled with a statutory demand notice under Section 8, triggered the company’s liability. It rejected the corporate debtor’s claim of a pre-existing dispute, noting lack of supporting evidence such as adjudicated orders or arbitration notices.
This ruling reinforces the narrow scope for resisting Section 9 admissions. Operational creditors should ensure service of demand notices and maintain documentary proof of services rendered. Debtors must produce concrete evidence of disputes to avoid admission.
Citations
- Insolvency and Bankruptcy Code, 2016, Section 9
