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    <title>2017 (12) TMI 972 - NATIONAL COMPANY LAW TRIBUNAL, NEW DELHI</title>
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    <description>The petition seeking initiation of Corporate Insolvency Resolution Process against the Respondent Corporate Debtor for non-payment of goods supplied was admitted by the Tribunal. The Corporate Debtor admitted the debt, leading to a moratorium under Section 14 of the Insolvency and Bankruptcy Code. Nirmal Kumar Bhesoni was appointed as the Interim Resolution Professional (IRP) to undertake necessary steps, including convening the Committee of Creditors meeting. The next hearing was scheduled for 20th November 2017 for further proceedings.</description>
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      <description>The petition seeking initiation of Corporate Insolvency Resolution Process against the Respondent Corporate Debtor for non-payment of goods supplied was admitted by the Tribunal. The Corporate Debtor admitted the debt, leading to a moratorium under Section 14 of the Insolvency and Bankruptcy Code. Nirmal Kumar Bhesoni was appointed as the Interim Resolution Professional (IRP) to undertake necessary steps, including convening the Committee of Creditors meeting. The next hearing was scheduled for 20th November 2017 for further proceedings.</description>
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