https://www.taxtmi.com/caselaws?id=360130 The petition was admitted, and a moratorium was declared by the National Company Law Tribunal, Chandigarh. The Tribunal prohibited suits or proceedings against the corporate debtor, transfer or disposal of assets, foreclosure of security interests, and recovery of property. Essential goods or services supply to the debtor should not be terminated during the moratorium. The matter was listed for the formal appointment of the Interim Resolution Professional, with communication of the order to the corporate debtor and Punjab National Bank. en-us Thu, 05 Apr 2018 00:00:00 +0530 Thu, 10 May 2018 08:26:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=360130 The petition was admitted, and a moratorium was declared by the National Company Law Tribunal, Chandigarh. The Tribunal prohibited suits or proceedings against the corporate debtor, transfer or disposal of assets, foreclosure of security interests, and recovery of property. Essential goods or services supply to the debtor should not be terminated during the moratorium. The matter was listed for the formal appointment of the Interim Resolution Professional, with communication of the order to the corporate debtor and Punjab National Bank. Case-Laws Insolvency and Bankruptcy Thu, 05 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=360130