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    <title>2021 (4) TMI 1071 - NATIONAL COMPANY LAW TRIBUNAL , HYDERABAD BENCH</title>
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    <description>The National Company Law Tribunal, Hyderabad Bench, admitted the Company Application under section 9 of the Insolvency and Bankruptcy Code, 2016, for the initiation of Corporate Insolvency Resolution Process against the Corporate Debtor. The Adjudicating Authority found the Operational Creditor&#039;s case proven, acknowledged compliance with the IB Code, and appointed an Interim Resolution Professional to manage the Corporate Debtor&#039;s affairs. A moratorium was declared, directing uninterrupted supply of essential goods/services, and specific compliance instructions were issued. The CIRP process was initiated with detailed management directions for the Corporate Debtor&#039;s affairs during insolvency resolution.</description>
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      <description>The National Company Law Tribunal, Hyderabad Bench, admitted the Company Application under section 9 of the Insolvency and Bankruptcy Code, 2016, for the initiation of Corporate Insolvency Resolution Process against the Corporate Debtor. The Adjudicating Authority found the Operational Creditor&#039;s case proven, acknowledged compliance with the IB Code, and appointed an Interim Resolution Professional to manage the Corporate Debtor&#039;s affairs. A moratorium was declared, directing uninterrupted supply of essential goods/services, and specific compliance instructions were issued. The CIRP process was initiated with detailed management directions for the Corporate Debtor&#039;s affairs during insolvency resolution.</description>
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