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IBC - Highlights / Catch Notes

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Initiation of CIRP - Proof of existence of debt or dispute - ...

May 15, 2020

Case Laws     Insolvency and Bankruptcy     Tri

Initiation of CIRP - Proof of existence of debt or dispute - deduction of TDS can be safely held to be in connection with raising Invoices. Thus, the operational creditor is able to establish that the corporate debtor committed default of operational debt and the petition deserves to be admitted.

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