The case originated from an application filed by Dr. Amit Sachdeva, the 1st Respondent, under Section 9 of the Insolvency & Bankruptcy Code, 2016 (I&B Code) against M/s. Axiss Dental Pvt. Ltd., the Corporate Debtor. This application sought to initiate the Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor due to an alleged default in payment of salary. The Adjudicating Authority, the National Company Law Tribunal (NCLT) Principal Bench, New Delhi, admitted this application by an order dated July 3, 2019, which is the impugned order in this appeal.

The case originated from an application filed by Dr. Amit Sachdeva, the 1st Respondent, under Section 9 of the Insolvency & Bankruptcy Code, 2016 (I&B Code) against M/s. Axiss Dental Pvt. Ltd., the Corporate Debtor. This application sought to initiate the Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor due to an alleged default in payment of salary. The Adjudicating Authority, the National Company Law Tribunal (NCLT) Principal Bench, New Delhi, admitted this application by an order dated July 3, 2019, which is the impugned order in this appeal.