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    <description>The application under Section 94(1) of the Insolvency and Bankruptcy Code, 2016 was allowed and admitted, initiating the Insolvency Resolution Process against the Personal Guarantor. The court appointed a Resolution Professional, declared a moratorium, directed public notice and claims registration, and mandated the preparation of a list of creditors and a repayment plan. The Resolution Professional was tasked with conducting a meeting of creditors and submitting the repayment plan to the Adjudicating Authority, ensuring compliance with the IBC.</description>
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