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    <description>The Tribunal admitted the application for initiating Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor, appointed an Interim Resolution Professional (IRP), and declared a moratorium under Section 14 of the Insolvency and Bankruptcy Code. The defenses raised by the Corporate Debtor were dismissed, confirming default and outstanding debt, leading to the initiation of insolvency proceedings.</description>
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