https://www.taxtmi.com/caselaws?id=195349 The Tribunal allowed the application under section 9 of IBC, 2016 for default in payment, finding no valid dispute raised by the respondent. An interim insolvency professional was appointed to manage the corporate debtor, with a moratorium declared to protect the debtor from legal actions. The insolvency resolution process was set in motion, with the Registry directed to ensure compliance with the order and inform relevant parties accordingly. en-us Thu, 01 Jun 2017 00:00:00 +0530 Wed, 03 Jan 2018 12:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=195349 The Tribunal allowed the application under section 9 of IBC, 2016 for default in payment, finding no valid dispute raised by the respondent. An interim insolvency professional was appointed to manage the corporate debtor, with a moratorium declared to protect the debtor from legal actions. The insolvency resolution process was set in motion, with the Registry directed to ensure compliance with the order and inform relevant parties accordingly. Case-Laws Insolvency and Bankruptcy Thu, 01 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=195349