https://www.taxtmi.com/caselaws?id=349202 The Tribunal found the petition maintainable under sections 8 and 9 of the Insolvency and Bankruptcy Code, 2016. It dismissed the corporate debtor's objections, ruling that the operational creditor had complied with requirements and established default. The insolvency resolution process was initiated, appointing an Interim Resolution Professional and imposing a moratorium under section 14 of the I&B Code, 2016. The Tribunal directed further actions as per sections 15, 17, and 18, with a report to be filed within the statutory period. en-us Thu, 07 Sep 2017 00:00:00 +0530 Wed, 03 Jan 2018 12:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349202 The Tribunal found the petition maintainable under sections 8 and 9 of the Insolvency and Bankruptcy Code, 2016. It dismissed the corporate debtor's objections, ruling that the operational creditor had complied with requirements and established default. The insolvency resolution process was initiated, appointing an Interim Resolution Professional and imposing a moratorium under section 14 of the I&B Code, 2016. The Tribunal directed further actions as per sections 15, 17, and 18, with a report to be filed within the statutory period. Case-Laws Insolvency and Bankruptcy Thu, 07 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349202