https://www.taxtmi.com/caselaws?id=199172 The court admitted the petition under Section 7 of The Insolvency and Bankruptcy Code, 2016, filed by a Financial Creditor against a Corporate Debtor for defaulting on a loan agreement. The court appointed an Interim Resolution Professional to oversee the insolvency resolution process and declared a moratorium under Section 13 of the Code. The moratorium prohibited various actions against the Corporate Debtor until the completion of the resolution process, allowing for the orderly resolution of debt and assets involved in the case. en-us Wed, 19 Apr 2017 00:00:00 +0530 Wed, 21 Feb 2018 21:18:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=199172 The court admitted the petition under Section 7 of The Insolvency and Bankruptcy Code, 2016, filed by a Financial Creditor against a Corporate Debtor for defaulting on a loan agreement. The court appointed an Interim Resolution Professional to oversee the insolvency resolution process and declared a moratorium under Section 13 of the Code. The moratorium prohibited various actions against the Corporate Debtor until the completion of the resolution process, allowing for the orderly resolution of debt and assets involved in the case. Case-Laws Companies Law Wed, 19 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=199172