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CIRP was to be admitted as corporate debtor wasn't in a position to pay off its dues

September 11, 2019[2019] 108 taxmann.com 291 (NCLT - Ahd.)
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IBC: Where corporate debtor itself admitted that it was indebted to operational creditor but inspite of there being desire to clear entire outstanding amount, it was not in a position to pay same hence, instant CIRP application of operational creditor was to be admitted

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