JUDGEMENT

[Per; Shreesha Merla, Member (T)] 1. Challenge in this Appeal is to the Impugned Order dated 27.07.2021 passed by the Learned Adjudicating Authority (National Company Law Tribunal, Chandigarh Bench, Chandigarh) in C.P. (IB) No.9/CHD/HRY/2019, Greymatter Entertainment Pvt. Ltd. Through its Authorised Representative Mr. Chandradev Bhagat Having its registered office at:

B—802, Express Zone, Western Express Highway, Malad (East), Mumbai – 400097 Email ID:

chandradev@greymatterentertainment.com …Appellant. Versus Pro Sportify Pvt. Ltd. Having its registered office at:

Plot No.243, Near ACC Cement Factory, Opp Halidram Khandsa Road, Village Mohammadpur, Jharsa, Gurugram – 122001 Email ID: ks@itvnetwork.com …Respondent. -2- Comp. App. (AT) (Ins.) No. 1043 of 2021 by which Order, the Adjudicating Authority dismissed the Application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016, (hereinafter referred to as ‘The Code’) by ‘Operational Creditor’/‘M/s. Greymatter Entertainment Private Limited’, observing as follows:

“9. The second issue to be decided is whether the petitioner proved get, the debt and the liability of the resp