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CIRP was to be admitted on failure to repay due amount to financial creditor: NCLT

March 18, 2020[2020] 115 taxmann.com 12 (NCLT - Kolkata)
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IBC : Where it was proved that loan amount was due from corporate debtor which defaulted in repayment of same allegedly due to slump in market, CIRP application filed by financial creditor was to be admitted

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