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    <title>2017 (11) TMI 40 - NATIONAL COMPANY LAW TRIBUNAL, AHMEDABAD</title>
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    <description>The Tribunal admitted the application, ordered a reference to the Insolvency and Bankruptcy Board of India to recommend an Interim Resolution Professional, and declared a moratorium under Section 13(1)(a) prohibiting certain actions against the corporate debtor. The order of moratorium would be in force until the completion of the Corporate Insolvency Resolution Process. The Tribunal directed communication of the order to both parties and listed the matter for further proceedings after receiving the proposal from the Insolvency and Bankruptcy Board of India.</description>
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