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2022 (7) TMI 199 - NATIONAL COMPANY LAW TRIBUNAL , GUWAHATI BENCHMaintainability of application - initiation of CIRP - Corporate Debtor failed to make repayment of its dues - Personal Guarantors to Corporate Debtors - existence of debt and dispute or not - HELD THAT:- It is observed that the Applicant has filed necessary documents to prove about the debts owed to the Financial Creditor submitting the application for insolvency resolution process as on date of the application, the failure to pay within a period of fourteen days of the service of the notice of demand and relevant evidence of the default failure. The Application filed by the FC shows that the Debt owed by the Respondent to the FC is more than Rs. 1.00 Crore. Evidence of default has been filed. Considering the materials/papers filed by the Applicant on record, the Application filed under Section 95 of IBC is found to be complete for the purpose of appointing the Resolution Professional under Section 97 of IBC, 2016 - application admitted - moratorium declared.
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