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    <description>The Tribunal admitted the Insolvency and Bankruptcy Application filed by M/S. Christy Friedgram Industry against the Corporate Debtor for non-payment related to the supply of sugar. The Corporate Debtor failed to dispute the claim, leading to the admission of the company petition, appointment of an Interim Resolution Professional, and declaration of a moratorium. The Tribunal emphasized adherence to legal procedures and timelines in initiating the Corporate Insolvency Resolution Process under the Insolvency &amp;amp; Bankruptcy Code.</description>
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