https://www.taxtmi.com/caselaws?id=193725 The Tribunal allowed the petition under Section 10 of the Insolvency and Bankruptcy Code, 2016, declaring a moratorium effective from a specified date. The order prohibited suits against the Corporate Debtor, asset transfers, and enforced security interests. An interim resolution professional was appointed, and the insolvency resolution process was initiated. The admission of the order was delayed pending a decision by the National Company Law Appellate Tribunal. en-us Tue, 11 Apr 2017 00:00:00 +0530 Wed, 03 Jan 2018 12:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=193725 The Tribunal allowed the petition under Section 10 of the Insolvency and Bankruptcy Code, 2016, declaring a moratorium effective from a specified date. The order prohibited suits against the Corporate Debtor, asset transfers, and enforced security interests. An interim resolution professional was appointed, and the insolvency resolution process was initiated. The admission of the order was delayed pending a decision by the National Company Law Appellate Tribunal. Case-Laws Insolvency and Bankruptcy Tue, 11 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=193725