Home Case Index All Cases Insolvency and Bankruptcy Insolvency and Bankruptcy + Tri Insolvency and Bankruptcy - 2018 (11) TMI Tri This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2018 (11) TMI 1803 - Tri - Insolvency and BankruptcyMaintainability of application - initiation of CIRP - Corporate Debtor has failed to pay the amount demanded nor has replied to the demand notice raising any dispute - requirement of Section 9(3)(c) of the IBC 2016 complied with or not - HELD THAT:- The registered office of corporate debtor is situated in New Delhi and therefore this Tribunal has jurisdiction to entertain and try this application - The present application is complete and the Applicant is entitled to claim its dues, establishing the default in payment of the operational debt beyond doubt, and fulfillment of requirements under section 9(5) of the Code. Hence, the present application is admitted. Application admitted - moratorium declared.
|