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CIRP dismissed as it was not confirmed if balance confirmation docs were executed by authorised signatory

January 13, 2020[2020] 113 41 (NCLT - CUTTACK)

IBC : Where it was not confirmed as to whether authorized signatory of corporate debtor had executed balance confirmation documents year after year, same could not be relied on for initiating CIRP process; where invoices were dated 2014 or earlier, CIRP filed on 16-7-2019 was clearly barred by limitation

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