Moratorium on corporate proceedings triggers a public announcement and appointment of an interim resolution professional to start insolvency resolution. Declaration of a moratorium follows admission of a corporate insolvency application, and the authority must cause a public announcement inviting claims and appoint an interim resolution professional, with the public announcement made immediately after that appointment to initiate the corporate insolvency resolution process.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Moratorium on corporate proceedings triggers a public announcement and appointment of an interim resolution professional to start insolvency resolution.
Declaration of a moratorium follows admission of a corporate insolvency application, and the authority must cause a public announcement inviting claims and appoint an interim resolution professional, with the public announcement made immediately after that appointment to initiate the corporate insolvency resolution process.
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