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2022 (5) TMI 15 - NATIONAL COMPANY LAW TRIBUNAL , NEW DELHI BENCHMaintainability 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:- It is seen from the records that notice of default under Section 8 has been delivered and an affidavit under Section 9(3)(b) of IBC has also been filed - On perusal of records, it is found that a clear case of the default has been made out by the Applicant and the present application under Section 9 IBC needs to be admitted. Application admitted - moratorium declared.
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