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2019 (9) TMI 1122 - Tri - Insolvency and BankruptcyMaintainability of petition - Initiation of CIRP - Corporate debtor - default in repayment of debt - HELD THAT:- Since the Operational Creditor having furnished the proof to establish that debt and default are in existence, for there being no dispute from the Corporate Debtor side against the claim made by the Operational Creditor, this Bench, having satisfied with the proof filed by the Operational Creditor in compliance of provisions of Sections 8 and 9 of the Insolvency and Bankruptcy Code, admits the instant Company Petition. Petition admitted - moratorium declared.
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