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2022 (11) TMI 55 - NATIONAL COMPANY LAW TRIBUNAL , INDORE BENCHMaintainability of application - initiation of CIRP - Corporate Debtor failed to make repayment of its dues - Financial Creditors - existence of debt and dispute or not - time limitation - HELD THAT:- The corporate debtor committed default of the financial debt of Rs. 37,17,582/- which is within the threshold as per Section 4 of the IBC, since the application was filed on 03.10.2018 and the amendment to section 4 was w.e.f. 24.03.2020. The Financial Creditor has established the existence of financial debt payable by the corporate debtor and its default by the corporate debtor. This application is filed within limitation and is defect free. Application admitted - moratorium delcared.
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