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Hello aspirant
First round of AIQ counseling have free exit,i.e if you don't joined the allotted college you don't have to forfeit your security deposit money. Although second round is totally different from this,here you will either have to take admission in college allotted in second round or leave the college by forfeiting your security deposit money.
Now if we talk about counselling time then counselling of first round AIQ will start first as soon as after results declaration after completion of first round of AIQ, States counselling get started and completed depending on state counselling date's.
Once state first round counselling is completed the second round of AIQ counseling will take place.
So usually this is the common order of counselling but it's vary state to state counselling authorities. So if tamilnadu state conduct counselling just furst completion of first round of AIQ,you may wait for state quota allotment. Otherwise Go in second round of AIQ counseling with your own risk.
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hope I may have resolved your query.
All the best
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