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Agrawal Gems & Jewellers Chattarpur Pvt Ltd has filed an application against Digiana Industries Private Limited for initiation of Corporate Insolvency Resolution Process due to an outstanding debt of Rs. 75,00,000. The respondent claims the debt has been settled through the supply of sand and is financially stable, contesting the application on grounds of a bona fide dispute. The tribunal found that the applicant failed to rebut the respondent

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