NCLAT Overturns NCLT Order, Admits Ingram Micro Insolvency Petition

NCLAT allows Ingram Micro's appeal, setting aside NCLT order that rejected Section 9 insolvency application against Bathla Teletech.
Court finds no pre-existing dispute regarding ₹5.39 crore debt for iPhone 11/12 supplies made in March 2021.
NCLAT directs NCLT to admit application unless Bathla Teletech pays ₹5.71 crore within 30 days.
Ruling establishes that counterclaims in Section 138 NI Act reply cannot constitute genuine pre-existing dispute under IBC.