Aggarwal Ply House NCLAT Appeal Dismissed on Interest Threshold

NCLAT dismissed an appeal against rejection of a Section 9 insolvency application due to insufficient claim amount.
The Tribunal upheld that interest mentioned in unilateral invoices cannot be added to meet the insolvency threshold without mutual consent.
The ruling reinforces that invoice terms cannot override a written contract unless accepted by conduct or payment.
Appellant's remedy is to pursue recovery through appropriate civil forums as per the original contract terms.