NCLT Rejects CCTEB India Insolvency Petition Over Disputed Dues

NCLT Chandigarh dismissed an insolvency application against CCTEB India by subcontractor VH Roofing Solutions over Rs 8.25 crore disputed dues.
The tribunal found pre-existing disputes regarding work completion, quality defects, and payment calculations predating the demand notice.
CCTEB contended it had paid 95.6% of contract value and raised issues about incomplete works and defective execution.
The order highlights substantive disputes over measurements, warranty obligations, and scope of work reductions between parties.