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    <title>2017 (9) TMI 1608 - NATIONAL COMPANY LAW TRIBUNAL, NEW DELHI</title>
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    <description>The appeal against the order admitting an application under Section 7 of the Insolvency &amp;amp; Bankruptcy Code, 2016 was dismissed. The Tribunal upheld the validity of the application based on dishonored cheques and debt default, rejecting the appellant&#039;s arguments regarding loan repayment terms and procedural compliance. The Tribunal found the application met the necessary requirements and deemed the impugned order legal, leading to the dismissal of the appeal without costs awarded.</description>
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      <description>The appeal against the order admitting an application under Section 7 of the Insolvency &amp;amp; Bankruptcy Code, 2016 was dismissed. The Tribunal upheld the validity of the application based on dishonored cheques and debt default, rejecting the appellant&#039;s arguments regarding loan repayment terms and procedural compliance. The Tribunal found the application met the necessary requirements and deemed the impugned order legal, leading to the dismissal of the appeal without costs awarded.</description>
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