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CIRP plea admitted as corporate debtor had defaulted in repayment and couldn’t furnish document in support

May 15, 2020[2020] 116 483 (NCLT-Chd.)

IBC : Where respondent corporate debtor had defaulted in payment of amount due to applicant operational creditor and also acknowledged debt by way of emails and confirmations, in absence of any document to support defence of corporate debtor that there was pre-existing dispute, CIRP application by operational creditor was to be admitted

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