https://www.taxtmi.com/caselaws?id=196103 The Tribunal admitted the Company Petition under Section 9 of The Insolvency & Bankruptcy Code, 2016, finding the Petitioner's claims substantiated due to the Corporate Debtor's non-response, dishonored cheques, and non-payment. A moratorium on legal actions was declared, essential supplies were directed to continue, and an Insolvency Professional was appointed as an Interim Resolution Professional. The order of moratorium would remain in effect until the completion of the insolvency resolution process or liquidation, as per the Code. en-us Thu, 06 Jul 2017 00:00:00 +0530 Wed, 03 Jan 2018 13:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=196103 The Tribunal admitted the Company Petition under Section 9 of The Insolvency & Bankruptcy Code, 2016, finding the Petitioner's claims substantiated due to the Corporate Debtor's non-response, dishonored cheques, and non-payment. A moratorium on legal actions was declared, essential supplies were directed to continue, and an Insolvency Professional was appointed as an Interim Resolution Professional. The order of moratorium would remain in effect until the completion of the insolvency resolution process or liquidation, as per the Code. Case-Laws Insolvency and Bankruptcy Thu, 06 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=196103