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Amendment of section 106.

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Full Text of the Document

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.... stipulated under sub-section (1), the resolution professional shall submit a report to the Adjudicating Authority, and the Adjudicating Authority shall pass an order terminating the insolvency resolution process of the debtor and the debtor or the creditors shall be entitled to file an application for bankruptcy under Chapter IV."; (b) after sub-section (3), the following sub-section sha....