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CIRP plea admitted as corporate debtor failed to prove that supply of goods was sham transaction based on book entries

May 21, 2020[2020] 116 taxmann.com 624 (NCLT - New Delhi)
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IBC: Where corporate debtor failed to make payments for material supplied by operational creditor, in view of acknowledgement of receipt material etc., plea of sham transaction by corporate debtor was to be rejected and CIRP was to be admitted

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