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    <description>The Tribunal confirmed jurisdiction over the respondent corporate debtor and compliance with Section 7 of the Insolvency and Bankruptcy Code. Despite delays in possession, the Tribunal rejected the Corporate Debtor&#039;s arguments and recognized the petitioner as a financial creditor with a valid claim. The Tribunal admitted the application, appointed an Interim Resolution Professional, and declared a moratorium to facilitate the Corporate Insolvency Resolution Process.</description>
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      <description>The Tribunal confirmed jurisdiction over the respondent corporate debtor and compliance with Section 7 of the Insolvency and Bankruptcy Code. Despite delays in possession, the Tribunal rejected the Corporate Debtor&#039;s arguments and recognized the petitioner as a financial creditor with a valid claim. The Tribunal admitted the application, appointed an Interim Resolution Professional, and declared a moratorium to facilitate the Corporate Insolvency Resolution Process.</description>
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