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2022 (7) TMI 93 - NATIONAL COMPANY LAW TRIBUNAL , BENGALURU BENCHApplication seeking exit from an agreement entered into with the Corporate Debtor by the Applicant prior to the initiation of CIRP - HELD THAT:- Admittedly, CIRP proceedings were initiated and moratorium was declared against the Corporate Debtor on 19.02.2020. Further, a Resolution Plan has been approved by the CoC and the I.A. filed by the Resolution Professional seeking approval of the said Resolution Plan from this Adjudicating Authority was heard and orders were reserved therein. At this stage, no orders can be passed in the instant Application seeking exit from an agreement entered into with the Corporate Debtor by the Applicant prior to the initiation of CIRP. Moreover, this Adjudicating Authority in its summary adjudication cannot adjudicate the rights and obligations of a Joint Venture Agreement and can give any conclusive finding. Application dismissed.
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