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Mere fact that interest charged from debtor wasn't reflecting in bank a/c statement couldn't be ground to reject CIRP

July 4, 2019[2019] 106 258 (NCLT-Chd.)

IBC: Where corporate debtor had not disputed default committed by it towards payment of loan, merely because interest which was being charged from it was not shown in bank account statement of financial creditor, was not a factor as to reject CIRP for reason that penal interest was to be charged as per terms of loan agreement

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