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2019 (8) TMI 1493 - NATIONAL COMPANY LAW TRIBUNAL, CHENNAI BENCHMaintainability of application - initiation of CIRP - Corporate Debtor failed to make repayment of its dues - existence of debt and dispute or not - HELD THAT:- Since it is apparent on record that the Corporate Debtor availed services of the Operational Creditor by using their land and not paying rent as agreed between them, this Operational Creditor has proved the existence of debt and default and the Corporate Debtor has not raised any dispute between the parties in relation to the payment of rent to the Operational Creditor. Petition admitted - moratorium declared.
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