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2020 (3) TMI 1255 - Tri - Insolvency and BankruptcyMaintainability of application - initiation of CIRP - Corporate Debtor failed to make repayment of its dues - existence of debt and dispute or not - HELD THAT:- This Adjudicating Authority is satisfied that, a) Existence of operational debt is above Rs. One Lac; b) Debt is due; c) Default has occurred on 30/ 11/2016; d) Petition has been filed within the limitation period as the date of default is 30/ 11/2016 and the petition has been filed on 11/07/2018. e) Existence of any dispute, prior to the notice issued by the Operational Creditor is not found. Hence, the present petition is admitted on 13.03.2020 - petition admitted - moratorium declared.
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