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2019 (11) TMI 1699 - AT - Insolvency and BankruptcyMaintainability of application - initiation of CIRP - Corporate Debtor failed to make repayment of its dues - Financial Creditors - existence of debt and dispute or not - time limitation - HELD THAT:- Once the Adjudicating Authority came to the conclusion that default has not been proved, the only option it had was to reject the application and the conditional offer could not have been gone into. The reasons and finding as recorded in the Impugned Order regarding it being financial debt, is not agitated, and thus there are no reason to disturb the finding - application disposed off.
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