https://www.taxtmi.com/caselaws?id=347778 The National Company Law Tribunal admitted the petition filed under Section 9 of the Insolvency and Bankruptcy Code, 2016, declaring a moratorium due to the respondent's default in payment. The Tribunal directed the appointment of an Interim Insolvency Resolution Professional and referred the matter to the Insolvency and Bankruptcy Board of India for the appointment of an Insolvency Professional, emphasizing procedural compliance and adherence to statutory timelines for effective resolution of the insolvency proceedings. en-us Tue, 08 Aug 2017 00:00:00 +0530 Wed, 03 Jan 2018 12:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=347778 The National Company Law Tribunal admitted the petition filed under Section 9 of the Insolvency and Bankruptcy Code, 2016, declaring a moratorium due to the respondent's default in payment. The Tribunal directed the appointment of an Interim Insolvency Resolution Professional and referred the matter to the Insolvency and Bankruptcy Board of India for the appointment of an Insolvency Professional, emphasizing procedural compliance and adherence to statutory timelines for effective resolution of the insolvency proceedings. Case-Laws Insolvency and Bankruptcy Tue, 08 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=347778