CIRP Application Admissible; Operational Creditors' Claims Evaluated Post-Admission, No Right to Be Heard at Admission Stage.

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....Admissibility of application - Initiation of CIRP - Operational Creditors claim will be considered by the ‘Resolution Professional’ once application is admitted as they have no right to be heard at the time of admission of the application u/s 7 of the I&B Code -....