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NCLT Can Start Insolvency Process u/ss 7, 9, 10 Despite Pending Winding-Up Petition, Unless Liquidator Appointed.

No bar on NCLT to trigger an Insolvency Resolution Process on an application filed under sections 7,9 & 10 if a winding up petition is pending unless an official liquidator has been appointed and a winding up order is passed. - Tri .....

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