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2019 (10) TMI 966 - Tri - Insolvency and BankruptcyMaintainability of petition - initiation of CIRP - Corporate Debtor had defaulted in repaying a sum - Existence of default - HELD THAT:- There is absolutely no dispute about supply of rubber for which invoices were raised. There is also no dispute with regard to the amounts covered by invoices which were not paid and Corporate Debtor had committed default. The alleged dispute is not substantiated and it is only imaginary, illusory and not supported by any evidence - petition liable to be admitted. Petition admitted.
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