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Pendency of civil suit isn't valid ground to oppose insolvency plea when issues involved in proceedings are different

December 18, 2018[2018] 100 195 (NCLT - Mum.)

IBC: Where respondent resisted petition filed under sec. 7 by applicant on ground that a civil suit was already pending between parties before High Court, in view of fact that litigation in civil suit did not relate to debt in question, respondent's objection was to be rejected and instant application was to be allowed

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