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Insolvency plea admitted as there was no dispute regarding unpaid operational debt: NCLT

February 8, 2019[2019] 101 414 (NCLT - Mum.)

IBC: Where application of operational creditor to initiate CIRP, against corporate debtor was complete in all respects as required by law and it clearly showed that operational debt had not been paid as also confirmed by corporate debtor, application was to be admitted

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