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of <h1>Operational Creditor Issues Demand Notice for Unpaid Debt Under Insolvency and Bankruptcy Code, 2016; Ten-Day Response Window</h1> This document is a demand notice under the Insolvency and Bankruptcy Code, 2016, issued by an operational creditor to a corporate debtor. It demands payment of an unpaid operational debt, detailing the amount due, transaction details, default date, security particulars, and related documents. The debtor is given ten days to dispute the debt or prove repayment. Failure to repay within this period may lead to the initiation of a corporate insolvency resolution process. The notice includes instructions for serving the form to the debtor before filing an application under section 9 of the Code.
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