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2017 (10) TMI 354 - NATIONAL COMPANY LAW TRIBUNAL, NEW DELHICorporate Insolvency process - Held that:- All the necessary requirements contemplated by Section 9 of the Code stands complied with. The Operational Creditor has disclosed the relevant data by placing on record the evidence by way of invoices, copy of ledger account and Evidence regarding issue and service of notice of default under Section 8 has also been filed along with compliance affidavit. In View of the above, we are satisfied that the operational creditor meets with the prescription of Section 9 of the Code and the Rules framed thereunder. The matter be referred to Insolvency and Bankruptcy Board of India for appointment of Corporate Insolvency Resolution Professional. A moratorium would also come in operation.
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