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Insolvency plea couldn't be considered as incomplete when no records are available with information utility

September 27, 2018[2018] 98 371 (NCLT-Chd.)

IBC: Section 7(4) requires adjudicating authority to ascertain existence of a default from records of an information utility or on basis of other evidence furnished by financial creditor under section 7 of Code; therefore, fact of no record being available with information utility, cannot result in making application under section 7(2) as incomplete

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