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2022 (12) TMI 1427 - AT - Insolvency and BankruptcyApplication filed under Section 9 of the IBC, 2016 rejected - rejection on the ground that it does not fulfil the threshold as prescribed under Section 4 proviso where minimum default amount has been increased to Rs. 1 Crores by Notification of MCA dated 24.03.2020 - HELD THAT:- The Application has been filed by the Operational Creditor on 01.12.2021 for an amount of Rs. 42,94,620/-. The issue raised in the Appeal is fully covered by the Judgement of this Tribunal in the matter of HYLINE MEDICONZ PRIVATE LIMITED VERSUS ANANDALOKE MEDICAL CENTRE PRIVATE LIMITED [2022 (9) TMI 954 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL , PRINCIPAL BENCH , NEW DELHI] where it was held that no error has been committed by the Adjudicating Authority in rejecting Section 9 application filed by the Appellant on 18.01.2021 which did not fulfil the threshold of Rupees One Crore. Appeal dismissed.
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