Our litigation team recently secured a favourable judgment in a case before the Hon’ble NCLT Mumbai which dismissed the Section 9 petition of the Petitioner under Insolvency and Bankruptcy Code, 2016 against our Client based on the arguments presented by us which the Hon’ble Tribunal considered while passing the judgment. The Hon’ble Tribunal observed that the arrangement between the parties was that of back to back agreement which was not disputed by the Petitioner. Further, it was found that the pre-existing dispute raised by the Petitioner has no grounds. This result highlights our firm’s capability in handling complex litigation matters before quasi-judicial bodies effectively and protecting our clients’ interests in challenging scenarios.