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Continue to ChatCentre specifies Rs 1 crore as the amount under S. 4 of IBC for initiation of Insolvency Proceedings https://www.scconline.com/blog/post/2020/03/25/centre-specifies-rs-1-crore-as-the-amount-under-s-4-of-ibc-for-initiation-of-insolvency-proceedings/