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2019 (5) TMI 1657 - NATIONAL COMPANY LAW TRIBUNAL NEW DELHI BENCHAdmissibility of petition - Initiation of Corporate Insolvency Resolution Process - respondent company is unable to liquidate debts - HELD THAT:- On being served with the notice of the present proceedings, the Corporate Debtor failed to put in appearance and was therefore proceeded ex parte. Keeping in view that the averments made by the Operational Creditor stand undemolished and, in the absence of any pre-existing dispute, the prayer of the Operational Creditor merits consideration. Accordingly, the petition is Admitted. The Operational Creditor has not proposed the name of any IRP. Accordingly, we appoint Mr. Vivek Raheja, Registration No. IBBI/IPA- 001 /IP-P00055/2017-18/10133, email: vivek@vpgs.in, Mobile No. 9811065170 duly empanelled with the IBBI as the IRP. He is directed to take such steps as are mandated under the Code, more specifically under Sections 15, 17,18,20 and 21 and file his report. To come up on 2nd July, 2019 for further consideration.
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