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Application filed u/s 7 deserved to be admitted as respondent didn't dispute failure on its part to repay debt

March 17, 2020[2020] 114 668 (NCLT - Ahd.)

IBC : Where on account of respondent's failure to repay loan, applicant filed instant application under section 7, since respondent neither disputed debt nor appeared in proceedings initiated against it, instant application deserved to be admitted

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