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IBC - Highlights / Catch Notes

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Initiation of CIRP - NCLT rejected the application on the ground ...

Insolvency and Bankruptcy

May 20, 2022

Initiation of CIRP - NCLT rejected the application on the ground of pre-existing dispute - the purported dispute considered by the Adjudicating Authority as a result of non-supply of copies of ADMs is more like a sham dispute, and it should not come in the way of admission of Section 9 application. - AT

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