![National Company Law Appellate Tribunal](/wp-content/uploads/2023/02/MicrosoftTeams-image-458-440x293.png)
Threshold limit includes both principal amount and interest under IBC; NCLAT set aside NCLT’s order
NCLAT held that the Adjudicating Authority committed error in rejecting the S. 7 application for not fulfilling ‘threshold’ when Deed of Guarantee mentions about the interest on default.