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NCLT admits CIRP; rejects corporate debtor's contention on availability of alternative remedy for recovery of debt

May 29, 2019[2019] 106 taxmann.com 320 (NCLT - Mum.)
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IBC : Debt claimed by operational creditor from corporate debtor against supplied goods being an operational debt under section 5(21), on default in making repayment, CIRP application was to be admitted

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