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Insolvency petition filed by operation creditor was to be admitted on default in payment of debt

April 15, 2021[2021] 126 146 (NCLT - Ahd.)

IBC : Where there was dispute of over Rs. 16 lakhs payment between respondent Oyo Hotels & Homes Pvt. and petitioner a Gurgaon based hotel owner, and petitioner was able to establish existence of a debt and respondent corporate debtor committed a default in payment of operational debt, insolvency petition initiated by petitioner, operational creditor was to be admitted

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