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2021 (4) TMI 219 - Tri - Insolvency and BankruptcyMaintainability of application - initiation of CIRP - Corporate Debtor failed to make repayment of its dues - existence of debt and dispute or not - Financial Creditors - HELD THAT:- The Corporate Debtor admitted the fact that the Financial Debt of more than ₹ 1,00,000/ - (as per Sec.4 of IBC, 2016) is due and payable by them to the Financial Creditor and that they have committed default in paying the same. Application admitted - moratorium declared.
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