https://www.taxtmi.com/caselaws?id=354080 The Tribunal admitted the petition under Section 9 of the Insolvency and Bankruptcy Code, declaring a moratorium under Section 14 and appointing an interim resolution professional. The Tribunal found the respondent's claims of a pre-existing dispute unsubstantiated and dismissed the argument regarding the impact of pending arbitration proceedings, determining that no arbitration proceedings were pending at the time of filing the petition. The Tribunal directed the IRP to initiate the Corporate Insolvency Resolution Process and dismissed the respondent's plea, instructing relevant parties to be notified of the decision. en-us Mon, 11 Dec 2017 00:00:00 +0530 Wed, 17 Jan 2018 12:04:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=354080 The Tribunal admitted the petition under Section 9 of the Insolvency and Bankruptcy Code, declaring a moratorium under Section 14 and appointing an interim resolution professional. The Tribunal found the respondent's claims of a pre-existing dispute unsubstantiated and dismissed the argument regarding the impact of pending arbitration proceedings, determining that no arbitration proceedings were pending at the time of filing the petition. The Tribunal directed the IRP to initiate the Corporate Insolvency Resolution Process and dismissed the respondent's plea, instructing relevant parties to be notified of the decision. Case-Laws Insolvency and Bankruptcy Mon, 11 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=354080