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Inter-creditor agreement among consortium can't come in way of CIRP plea by one member if debt and default is proved

March 16, 2020[2020] 114 671 (NCLT - Mum.)

IBC : In view of overriding effect of Code, inter-creditor agreement that had been entered between consortium members, at no stretch of imagination, would come in way of admission of petition under section 7 by one member when debt and default was proved beyond doubt

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