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IBC - Highlights / Catch Notes

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Admissibility of application - initiation of CIRP - The ...

Case Laws     Insolvency and Bankruptcy

October 3, 2019

Admissibility of application - initiation of CIRP - The appellant has succeeded in proving the existence of a default in terms of the guarantee agreements. The NCLT has committed error in rejecting the application filed under Section 7 of I&B Code by the appellant.

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