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IBC - Highlights / Catch Notes

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Maintainability of application - initiation of CIRP - The ...

Insolvency and Bankruptcy

May 18, 2020

Maintainability of application - initiation of CIRP - The Corporate Debtor's email establishes the fact that the Petitioner was informed about the cancellation of the contract and that the order was closed. Hence, there is no debt and default committed by the Corporate Debtor.

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