This case involves an appeal filed by the suspended Director of Sporta Technologies Private Limited (Corporate Debtor) challenging the order dated 09.02.2024 passed by the Adjudicating Authority (National Company Law Tribunal, Mumbai Bench – V), which admitted a Section 9 application filed by Reward Business Solutions Private Limited (Operational Creditor) for initiating Corporate Insolvency Resolution Process (CIRP). The core dispute revolves around unpaid lease rent for two units in Peninsula Business Park, Lower Parel, Mumbai, under a Leave and License Agreement dated 27.12.2019. The Appellant contends that the Section 9 application was barred by Section 10A of the Insolvency and Bankruptcy Code (IBC) as the default occurred during the period specified under Section

This case involves an appeal filed by the suspended Director of Sporta Technologies Private Limited (Corporate Debtor) challenging the order dated 09.02.2024 passed by the Adjudicating Authority (National Company Law Tribunal, Mumbai Bench – V), which admitted a Section 9 application filed by Reward Business Solutions Private Limited (Operational Creditor) for initiating Corporate Insolvency Resolution Process (CIRP). The core dispute revolves around unpaid lease rent for two units in Peninsula Business Park, Lower Parel, Mumbai, under a Leave and License Agreement dated 27.12.2019. The Appellant contends that the Section 9 application was barred by Section 10A of the Insolvency and Bankruptcy Code (IBC) as the default occurred during the period specified under Section