Admissibility of application - initiation of CIRP - Having made ...
CIRP Application Dismissed: Payment Made Before Process Initiation, No Financial Debt or Default Detected.
March 2, 2020
Case Laws Insolvency and Bankruptcy AT
Admissibility of application - initiation of CIRP - Having made the payment prior to initiation of CIRP, we are of the view that the case of the Respondent/Applicant cannot be treated as a Financial debt and default, in view of no debt payable to the Financial Creditor. - AT
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