Initiation of CIRP - NCLT rejected the application - It is ...
Case Laws Insolvency and Bankruptcy
August 4, 2023
Initiation of CIRP - NCLT rejected the application - It is settled law that what has to be seen is whether a dispute raised is spurious or genuine. Keeping in view the documentary evidence on record, this Tribunal is satisfied that the dispute raised is a spurious one specifically having regard to the admission of liability - NCLT directed to admit the application - AT
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