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2022 (8) TMI 930 - NATIONAL COMPANY LAW TRIBUNAL , AHMEDABADMaintainability 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 applicant has brought on record all the documents to substantiate its claim. On perusal of the record it is found that email dated 18.09.2021 written by the applicant calling upon the corporate debtor to clear the outstanding debt was replied by the corporate debtor vide email dated 20.09.2021 - it is established that the debt is due and payable and default has occurred. Moreover, the corporate debtor has admitted its debt within limitations and has shown its inability to clear the outstanding debt. The present application is admitted, in terms of section 9 (5) of IBC, 2016. Application admitted - moratorium declared.
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