2022 (5) TMI 657 - NATIONAL COMPANY LAW TRIBUNAL , AHMEDABAD BENCH - Insolvency & Bankruptcy

Head Note / Extract:
Maintainability of application - initiation of CIRP - Corporate Debtor failed to make repayment of its dues - Operational Creditors - existence of debt and dispute or not - HELD THAT:- The Corporate Debtor, viz., Male Square Retails Pvt. Ltd. is admitted in Corporate Insolvency Resolution Process under Section 9 of the Insolvency and Bankruptcy Code, 2016 - Moratorium declared. Application allowed.