NCLT Mumbai Bench dismissed Ovaron Infrastructure's Section 9 insolvency petition against Shapoorji Pallonji over ₹1.2 crore disputed debt.
Tribunal found principal amount of ₹96.18 lakh below IBC threshold, with MSME interest component seriously contested.
NeSL record showed 'disputed' status and Work Order predated MSME registration, creating substantial pre-existing disputes.
Bench rejected petition citing Section 9(5)(ii)(d) IBC due to Information Utility dispute record and complex MSME interest issues.
NCLT Dismisses Ovaron Infrastructure Insolvency Petition Against Shapoorji Pallonji
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