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IBC - Highlights / Catch Notes

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Initiation of CIRP - there exists serious dispute pending in ...

Insolvency and Bankruptcy

June 21, 2019

Initiation of CIRP - there exists serious dispute pending in between the Operational Creditor and the Corporate Debtor about the amount of debt, which require proper adjudication - this application is not maintainable under Section 9(5)(II)(d) of I & B Code.

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