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of <h1>Corporate applicant may start CIRP using Form 6 under IBC, following Rule 7(1) of 2016 Adjudicating Authority Rules.</h1> A corporate applicant can initiate the Corporate Insolvency Resolution Process (CIRP) under Chapter II or Chapter IV of Part II of the Insolvency and Bankruptcy Code (IBC) using Form 6. This application is submitted to the Adjudicating Authority in accordance with the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016, specifically under sub-rule (1) of rule 7. The process is governed by statutory provisions, legislation, and regulations outlined in the IBC framework.
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