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2017 (11) TMI 1963 - Tri - Insolvency and BankruptcyMaintainability of application - initiation of CIRP - Corporate Debtor failed to make repayment of its dues - Financial Creditor - existence of debt and dispute or not - HELD THAT:- Since an application under section 7 of the Code of 2016 read with Rule 4 of the Rules of 2016 has already been admitted against the CD herein and since further necessary actions which are required to be taken in accordance with Law and Rules framed there-under have already been taken, this authority is of the opinion that the FC herein be directed to approach the IRP, appointed in the aforesaid proceeding for doing needful in accordance with law in regard to the claim of the FC herein. The FC is asked to approach IRP, appointed by this authority in Dy.No. 529 - present proceedings disposed off.
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