https://www.taxtmi.com/caselaws?id=381291 A Section 7 Insolvency and Bankruptcy Code application was found maintainable where the financial creditor supported default with loan documents, sanction letters, mortgage records, balance confirmations, CIBIL data and bank statements, all backed by the required Banker's Book Evidence Act certificates. The corporate debtor did not dispute execution of the loan documents, creation of security or repayment default. The application was also filed in the prescribed form and the proposed interim resolution professional's written consent was in order, so the statutory requirements for admission were satisfied and the corporate insolvency resolution process was commenced. en-us Wed, 13 Feb 2019 00:00:00 +0530 Sat, 08 Jun 2019 07:29:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=381291 A Section 7 Insolvency and Bankruptcy Code application was found maintainable where the financial creditor supported default with loan documents, sanction letters, mortgage records, balance confirmations, CIBIL data and bank statements, all backed by the required Banker's Book Evidence Act certificates. The corporate debtor did not dispute execution of the loan documents, creation of security or repayment default. The application was also filed in the prescribed form and the proposed interim resolution professional's written consent was in order, so the statutory requirements for admission were satisfied and the corporate insolvency resolution process was commenced. Case-Laws Insolvency and Bankruptcy Wed, 13 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=381291