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Authority didn't have power to determine question of fact which could establish existence of debt

August 22, 2019[2019] 108 280 (NCLT - Mum.)

IBC : Where financial creditor claimed compensation from corporate debtor for delay in offering possession of flat, since said compensation was not provided in agreement so entered between parties; nor it was adjudicate by any Competent Authority, existence of debt and default was not established, hence, CIRP application was to be dismissed

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