https://www.taxtmi.com/caselaws?id=349142 The National Company Law Tribunal, Ahmedabad, admitted an Application under Section 7 of the Insolvency and Bankruptcy Code, 2016, filed by Reliance Commercial Finance Ltd against a Company identified as the 'Corporate Debtor' due to default in loan repayment. The Tribunal appointed an Interim Resolution Professional to oversee the Corporate Insolvency Resolution Process, enforce a moratorium under Section 13(1)(a) of the Code, and prohibited actions against the Corporate Debtor. This case highlights the legal proceedings initiated to address the default in loan repayment by the Respondent Company. en-us Mon, 04 Sep 2017 00:00:00 +0530 Wed, 03 Jan 2018 12:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349142 The National Company Law Tribunal, Ahmedabad, admitted an Application under Section 7 of the Insolvency and Bankruptcy Code, 2016, filed by Reliance Commercial Finance Ltd against a Company identified as the 'Corporate Debtor' due to default in loan repayment. The Tribunal appointed an Interim Resolution Professional to oversee the Corporate Insolvency Resolution Process, enforce a moratorium under Section 13(1)(a) of the Code, and prohibited actions against the Corporate Debtor. This case highlights the legal proceedings initiated to address the default in loan repayment by the Respondent Company. Case-Laws Insolvency and Bankruptcy Mon, 04 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349142