https://www.taxtmi.com/caselaws?id=346449 The Tribunal admitted the Company Petition for the initiation of the Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code 2016. The Corporate Debtor's financial position and liabilities were detailed, highlighting its failure to meet obligations. An Interim Resolution Professional was appointed, and a moratorium was declared, prohibiting legal actions against the Debtor. The Tribunal issued consequential directions to facilitate the resolution process, emphasizing compliance with the Code's provisions. en-us Wed, 28 Jun 2017 00:00:00 +0530 Wed, 03 Jan 2018 12:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=346449 The Tribunal admitted the Company Petition for the initiation of the Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code 2016. The Corporate Debtor's financial position and liabilities were detailed, highlighting its failure to meet obligations. An Interim Resolution Professional was appointed, and a moratorium was declared, prohibiting legal actions against the Debtor. The Tribunal issued consequential directions to facilitate the resolution process, emphasizing compliance with the Code's provisions. Case-Laws Insolvency and Bankruptcy Wed, 28 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=346449