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Insolvency resolution process admitted as financial debt was proved and debtor had no objection

April 11, 2018[2018] 93 47 (NCLT - New Delhi)/[2018] 145 CLA 46 (NCLT - New Delhi)/[2018] 208 COMP CASE 485 (NCLT - New Delhi)

I & B Code: Where financial debt had been proved and corporate debtor had no objection to admission of petition filed by financial creditor under section 7, petition was to be admitted and interim resolution professional was appointed

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