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NCLT admits ex-parte CIRP on failure of debtor to repay credit facilities and failing to appear before AA

November 26, 2019[2019] 111 419 (NCLT-Jaipur)

IBC: Where corporate debtor defaulted in repaying various credit facilities availed from financial creditor bank and despite service of notice, no one appeared on behalf of corporate debtor, CIRP application was to be admitted

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