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Issues: Whether submissions were to be filed on the question of payment of Rs. 2.3 crores by Orbit Lifescience Private Limited and on the effect of the latest amendment to Section 30(2) of the Insolvency and Bankruptcy Code, 2016.
Outcome: The matter was not finally adjudicated. The parties were directed to file their respective submissions and compilation papers before the next date of hearing, and the matter was listed for further hearing.