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    <description>The Tribunal admitted the Insolvency &amp;amp; Bankruptcy Application under Section 7 of the Insolvency &amp;amp; Bankruptcy Code, 2016, finding the Applicant had sufficiently proven the debt and default by the Corporate Debtor. An Interim Resolution Professional was appointed to oversee the Corporate Insolvency Resolution Process, and a moratorium was declared to protect the Corporate Debtor from certain actions. The resolution process was initiated, and the Registry was directed to promptly communicate the order to relevant parties.</description>
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