Appellant Can Exercise Rights Post-Moratorium; Resolution Professional's Rejection of Claim Upheld.

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Full Text of the Document

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....Initiation of CIRP - It is true that the ‘Corporate Debtor’ had taken guarantee but the said guarantee was not invoked in favour of the Appellant - Appellant make exercise its right since the ‘Moratorium’ period having come to an end - The ‘Resolution Professional’ has rightly not accepted the claim of the Appellant....