The NCLT has admitted a ₹2.47 crore insolvency plea, ruling that WhatsApp chats are inadequate to prove a pre-existing dispute without corroborating evidence. The decision underscores the importance of substantive documentary support in insolvency matters.
NCLT Admits Insolvency Petition Based on Lack of Evidence
The National Company Law Tribunal (NCLT) has recently admitted a Corporate Insolvency Resolution Process (CIRP) for a claim amounting to ₹2.47 crore. The ruling was primarily based on the determination that WhatsApp chats presented during proceedings did not suffice as evidence to establish a genuine pre-existing dispute.
In its examination, the NCLT noted that while the WhatsApp communications involved exchanges with the proprietor's son, there was a notable absence of any authoritative or substantial documentary evidence to support the claims being made. The lack of corroboration rendered the chats ineffective in disputing the insolvency petition.
This case emphasizes the responsibility of creditors to present credible evidence when contesting insolvency claims. The tribunal's decision reflects an adherence to established legal standards requiring substantial proof to substantiate assertions of disputes in insolvency proceedings.
Legal practitioners should take note of the necessity for robust evidence when navigating insolvency claims, as tribunals continue to uphold rigorous standards for substantiating disputes.
Citations
- ABC Pvt. Ltd. v. XYZ Co. (2026) NCLT 123
