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2022 (7) TMI 51 - Tri - Insolvency and BankruptcyMaintainability of application - initiation of CIRP - Corporate Debtor failed to make repayment of its dues - Financial Creditors - existence of debt and dispute or not - HELD THAT:- The Financial Creditor has completely failed to prove any financial debt due and payable by the Corporate Debtor. Whatever documents have been placed on record by the Financial Creditor, do not prove any financial debt against the Corporate Debtor. The petition and documents placed on record by the Financial Creditor are not at all satisfying - there is no substance in this petition for initiation of CIRP against the Corporate Debtor. Petition dismissed.
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