https://www.taxtmi.com/caselaws?id=347085 The Tribunal found that the Corporate Debtor defaulted in repaying the loan and admitted the application under Section 7 of the Insolvency and Bankruptcy Code, 2016. A moratorium was declared, prohibiting the institution or continuation of suits against the corporate debtor, and an Interim Resolution Professional (IRP) was appointed. Public announcement of the corporate insolvency resolution process was ordered, and the petition was admitted. en-us Wed, 19 Jul 2017 00:00:00 +0530 Wed, 03 Jan 2018 12:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=347085 The Tribunal found that the Corporate Debtor defaulted in repaying the loan and admitted the application under Section 7 of the Insolvency and Bankruptcy Code, 2016. A moratorium was declared, prohibiting the institution or continuation of suits against the corporate debtor, and an Interim Resolution Professional (IRP) was appointed. Public announcement of the corporate insolvency resolution process was ordered, and the petition was admitted. Case-Laws Insolvency and Bankruptcy Wed, 19 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=347085