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    Continuing default and debt acknowledgment preserved limitation for the insolvency application after the revival scheme failed.
    CIRP closure despite infeasible statutory withdrawal is permitted after creditor settlements, with insolvency costs determined and paid separately.
    Personal guarantor insolvency cannot secure an interim moratorium solely to obstruct secured-asset enforcement without a genuine repayment plan.
    Going-concern liquidation sales support consequential implementation reliefs but cannot override auction terms, statutory compliance, or ungranted con...
    IBC overriding effect extinguishes pre-CIRP parallel operation charges when an approved resolution plan discharges corporate debtor liabilities.
    Interim Moratorium Exclusion applies to pending personal-guarantor insolvency proceedings, permitting limited asset-preservation measures pending arbi...
    Section 10A protection bars CIRP where cash-credit and ad hoc facility defaults arise during the protected period.
    Provident fund claims during CIRP cannot bypass moratorium, resolution-plan extinguishment, or corporate debtor immunity for pre-CIRP defaults.
    Arbitration clauses do not bar insolvency proceedings where supply-related debt and default exist without a genuine pre-existing dispute.
    IBC moratorium does not shield directors or authorised signatories from cheque-dishonour prosecution for pre-moratorium acts.
    Resolution-plan finality extinguishes unsubmitted statutory dues and prevents recovery of pre-approval electricity-duty and mining demands.
    Forfeiture of an auction deposit before an extended payment period expires is arbitrary and requires refund without interest.
    Operational debt from consortium supply advances survives where no genuine pre-existing dispute predates the insolvency demand notice.
    Resolution-plan tax waivers do not cover GST liabilities arising after the plan's specified cut-off, requiring statutory appeal and pre-deposit.
    Service of notice and contractual debt acknowledgment preserved insolvency admission against a corporate guarantor despite limitation and natural just...
    Natural justice in insolvency-professional discipline requires disclosed material; notices based on extraneous material and ignored defences are vitia...
    Corporate insolvency safeguards resolution-plan approval where no material prejudice, statutory breach, or irregularity is proved.
    Mortgage priority in liquidation preserves earlier pari-passu charges and places unexercised subordinate security within the liquidation estate.
    Minimum default threshold governs insolvency admission where pre-admission repayments reduce outstanding debt below the required threshold.
    Judicially fixed interest prevails where contractual default interest would turn insolvency proceedings into debt recovery.
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Acts Income Tax