https://www.taxtmi.com/caselaws?id=349199 The National Company Law Tribunal admitted the petition for winding up under the Companies Act 1956, filed by the operational creditor against the corporate debtor for unpaid operational debt. The Tribunal found compliance with Section 9 of the Insolvency and Bankruptcy Code, 2016, and appointed an Interim Resolution Professional to initiate the Corporate Insolvency Resolution Process. Directions were issued for a moratorium to be imposed until the resolution process's completion, with obligations placed on the corporate debtor and its personnel to cooperate with the Resolution Professional. The petition was disposed of as per the Tribunal's directives. en-us Thu, 06 Jul 2017 00:00:00 +0530 Wed, 03 Jan 2018 12:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349199 The National Company Law Tribunal admitted the petition for winding up under the Companies Act 1956, filed by the operational creditor against the corporate debtor for unpaid operational debt. The Tribunal found compliance with Section 9 of the Insolvency and Bankruptcy Code, 2016, and appointed an Interim Resolution Professional to initiate the Corporate Insolvency Resolution Process. Directions were issued for a moratorium to be imposed until the resolution process's completion, with obligations placed on the corporate debtor and its personnel to cooperate with the Resolution Professional. The petition was disposed of as per the Tribunal's directives. Case-Laws Insolvency and Bankruptcy Thu, 06 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349199