Is written financial contract a pre-condition or an exclusive requirement for proving existence of debt? – Rahul H. Mehta Vs. Gajendra Investment Ltd. and Anr. – NCLAT New Delhi

Issues covered in this case: A. Is written financial contract a pre-condition or an exclusive requirement for proving existence of debt? B. Issue of Interest charge and TDS deductions. C. Issue of MoU and adjustment of debt with sister concern. D. CIRP not for purposes of insolvency resolution but for pursuing some agenda other than insolvency resolution.

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