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2019 (10) TMI 801 - Tri - Insolvency and BankruptcyMaintainability of application - initiation of CIRP - Section 9 of Insolvency and Bankruptcy Code, 2016 read with Rule 6 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016 - debt due and payable by the Corporate Debtor - HELD THAT:- The present application is complete and the Applicant is entitled to claim its dues, establishing the default in payment of the operational debt beyond doubt, and fulfillment of requirements under section 9(5) of the Code. Application admitted - moratorium declared.
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