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CIRP admitted against corporate debtor as it availed loan facility from financial creditor but failed to repay

June 1, 2020[2020] 116 taxmann.com 901 (NCLT - Allahabad)
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IBC: Where corporate debtor availed loan from financial creditor but it failed to repay such loan, there being existence of debt and default, CIRP against corporate debtor was to be admitted

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