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CIRP admitted against debtor as there was sufficient record showing that application u/s 7 was complete: NCLAT

April 22, 2019[2019] 107 36 (NCL-AT)

IBC: Where there was sufficient record shown in Part IV and Part V of Form I of Rule 4 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016 on basis of which Adjudicating Authority was satisfied that Form-1 was complete, corporate insolvency application against corporate debtor had rightly been admitted

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