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Appellants classified as financial creditors can claim despite moratorium; prohibited actions under IBC invalid.

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Full Text of the Document

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....DoH to continue as valid but prohibited actions u/s 14 cannot be done. Appellants classified as financial creditors u/s 5(7) of IBC entitled to claim despite moratorium. Cause of action irrelevant for claim definition. CoC approval of resolution plan subject to pending applications. NCLAT order set aside, NCLT order upholding appellants' claims restored.....

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