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2020 (1) TMI 1240 - Tri - Insolvency and BankruptcyMaintainability of application - initiation of CIRP - Corporate Debtor Failed to make repayment of its dues - Financial Debt - existence of debt and dispute or not - HELD THAT:- This Adjudicating Authority is of the considered view that the debt due to the Financial Creditor is a 'Financial Debt' as defined in sub-section (8) of Section 5 of the IB Code. The Petition is complete in all respects. Petition admitted - moratorium declared.
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