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    <description>The Tribunal admitted the Insolvency Petition under section 7 of the Insolvency &amp;amp; Bankruptcy Code, 2016, declaring a moratorium and appointing an Interim Resolution Professional. The Corporate Debtor&#039;s request for mediation was rejected, emphasizing the completion of the application and the focus on default occurrence. A separate judgment highlighted the possibility of post-admission settlement with CoC consent. The Corporate Insolvency Resolution Process commenced on 5-2-2020.</description>
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