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2017 (12) TMI 1180 - NATIONAL COMPANY LAW TRIBUNAL, HYDERABADCorporate insolvency procedure - proof of eligible debt - Held that:- On perusal of the petition along with supported documents and pleadings of respondents and relevant law, we are convinced that the instant petition (application) is complete in all respects, as prescribed under section 9(2) of Code, and satisfied/fulfilled all the conditions prescribed under section 9(5) of the Code so as to admit the case, and to pass consequential order by invoking powers conferred on the Adjudicating Authority under sections 13,14,15 and 16 of Code. In view of the above facts and circumstances of the case, we are of the considered opinion that it is a fit case for admission.
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