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IBC - Highlights / Catch Notes

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Corporate insolvency process - existence of dispute - If the ...

Insolvency and Bankruptcy

June 28, 2018

Corporate insolvency process - existence of dispute - If the dispute is frivolous unsupported by any evidence, the spurious defence is to be rejected. However, on the basis of records and evidence if there appears to be an ‘existence of dispute’, such case is to be rejected.

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