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Tasty Dairy Specialities has entered Corporate Insolvency Resolution Process (CIRP) after the NCLT admitted Punjab National Bank's application, citing a financial debt of Rs. 72.59 crore. An Interim Resolution Professional (IRP), Mr. Anish Agarwal, has been appointed, immediately suspending the company's Board of Directors and vesting all powers with the IRP. A moratorium has also been declared, halting various legal actions against the company. This marks a critical phase for the company, as its future will now be determined by the insolvency process.