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Authority Can't Decide Counterclaim When Admitting CIRP Application u/s 7 of IBC; Proper Admission Confirmed.

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....Initiation of CIRP - Counter claim - the Adjudicating Authority cannot decide the counter claim while admitting the Application. As such, all the essential requirements have been fulfilled and Application under Section 7 IBC was rightly admitted by the Adjudicating Authority - AT....

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