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2026 Supreme(Online)(NCLAT) 476

NATIONAL COMPANY LAW APPELLATE TRIBUNAL
Justice Ashok Bhushan (Chairperson) , Hon'ble Mr. Barun Mitra (Member (Technical)) ,
Aggarwal Ply House – Appellant
Versus
TECHNO FAC CONTRACTS PRIVATE LIMITED – Respondent


NATIONAL COMPANY LAW APPELLATE TRIBUNAL PRINCIPAL BENCH, NEW DELHI IN THE MATTER OF:

Aggarwal Ply House …Appellant(s)

Versus Techno Fac Contracts Pvt. Ltd. …Respondent(s)

Present:

For Appellant : Mr. Pratham Mehrotra, Adv.

For Respondents : Mr. Bhupesh N., Rinku N. Adv. for R1

O R D E R

(Hybrid Mode)

22.04.2026: This appeal has been filed against the impugned order dated 25.03.2026 by which a section 9 application filed by the Appellant has been rejected on the ground that interest component cannot be added and the principal amount is less than the threshold as required to be fulfilled by Section 4 of the Code.

2. Ld. Counsel for the Appellant submitted that the invoices which were sent by the OC were duly counter signed by the CD and hence, interest of 24% which was mentioned in the invoices has to be treated to have been accepted by the CD and the claim of the interest was thus fully maintainable. 3. Ld. Counsel for the Appellant has relied before the AA on a judgment of this Tribunal in Prashant Agarwal Vs. Vikash Parasrampuria, Sole Proprietor of Chiranjilal Yarns Trading and Ors. and another judgment. The Adjudicating Authority has noticed all relevant judgments including the subseque

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