NCLT admits Section 9 insolvency petition against Amritsar MSW Limited for defaulting on payment of ₹2.28 crore dues to operational creditor Liberium Global.
The default relates to unpaid invoices for municipal solid waste supply, specifically disputed payments for revised minimum wages mandated by law.
The tribunal dismissed Corporate Debtor's claims of a pre-existing dispute, finding its defence against paying statutory wage revisions without merit.
Interim Resolution Professional Deepak Kumar Goyal appointed; moratorium declared under Section 14 of the IBC.