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of <h1>No Corporate Insolvency Applications for Defaults from March 25, 2020, for Six Months or Up to One Year Extension</h1> No application for initiating corporate insolvency resolution process can be filed for any default arising on or after March 25, 2020, for a period of six months or up to one year if extended by notification. Applications for defaults occurring during this period are permanently barred. This suspension does not apply to defaults committed before March 25, 2020.
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