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NCLAT dismisses insolvency plea against SpiceJet in absence of specific evidences on invoices

May 13, 2019[2019] 105 taxmann.com 175 (NCL-AT)
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IBC: Application under section 9 of IBC requires strict proof of debt and default, therefore, in absence of invoices actually forwarded by operational creditor showing debt which was payable by corporate debtor, Adjudicating Authority had rightly refused to entertain application

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