An application to initiate CIRP against a CORPORATE DEBTOR by a FINANCIAL CREDITOR for a default is made under which section of the Insolvency and Bankruptcy Code, 2016?

Section 7 of the IBC enables a financial creditor (alone or jointly) to file an application to initiate the CIRP for a default. Section 9 provides the corresponding remedy for an operational creditor, Section 10 for the corporate debtor itself (voluntary initiation), and Section 95 for insolvency resolution against personal guarantors and individuals. The distinctions turn on the nature of the debt - financial (time value of money) versus operational (goods/services). A financial creditor can initiate merely on proving the default, and the application to the Adjudicating Authority (NCLT) must be accompanied by a record of default from an information utility where available.