NCLAT Declines To Adjudicate Disputed Contractual Dues In Liquidation

The NCLAT held that a liquidator cannot bypass proper adjudicatory forums to recover disputed contractual dues during liquidation proceedings. Refusing to entertain the claim, the Tribunal clarified jurisdictional boundaries under the IBC and emphasized that complex contractual disputes must be resolved before competent civil or arbitral forums. The decision preserves procedural fairness in insolvency resolution.