NCLT Admits CIRP Application: Corporate Debtor's Claim of Non-Supply Deemed Baseless Due to Lack of Response to Demand Notice.

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....Initiation of CIRP - existence of debt and dispute or not - Proof of delivery of goods - Present is a case where Demand Notice was not even replied by the Corporate Debtor and the plea raised in the Reply by the Corporate Debtor regarding non-supply of goods has been held to be dishonest plea and moonshine plea hence the judgement of this Tribunal in above case does not come to any help to the Appellant. - NCLT rightly admitted the aplication - AT....