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    <description>The tribunal found that the petition under Section 7 of the Insolvency and Bankruptcy Code was admitted. The Corporate Insolvency Resolution Process was initiated, appointing an Interim Resolution Professional and declaring a moratorium. The tribunal held that objections raised by the Corporate Debtor were untenable, confirming the enforceability of the petitioner&#039;s rights under the Debenture Trust Deed and Pari Passu Agreement. The IRP was tasked with carrying out necessary procedures under the IBC.</description>
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