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Insolvency plea admitted when there was overwhelming evidence to prove default committed by debtor

March 28, 2019[2019] 104 243 (NCLT - New Delhi)

IBC: Where financial creditor had placed on record voluminous and overwhelming evidence to prove default in repayment committed by corporate debtor and, moreover, application of financial creditor to initiate insolvency resolution process against corporate debtor was complete, said application was to be admitted

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