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Default was established and CIRP to be admitted when part payment was already made against invoices

May 14, 2020[2020] 116 taxmann.com 474 (NCLT - Hyd.)
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IBC : If there was neither illegality nor irregularity in raising invoices in name of corporate debtor who admittedly made part payment against same, operational creditor was able to establish that corporate debtor committed default therefore, CIRP petition was to be admitted

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