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NCLT triggers Insolvency resolution process on default in payment of freight service charges

August 26, 2019[2019] 108 411 (NCLT - New Delhi)

IBC : Where petitioner had rendered AIR Freight Services to respondent-corporate debtor and had raised various invoices for payment of amount due for services rendered and corporate debtor defaulted in payment of sum due, petition filed under section 9 to trigger Corporate Insolvency Resolution Process in respect of corporate debtor was to be admitted

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