https://www.taxtmi.com/caselaws?id=362019 The petition filed by the State Bank of India (SBI) under Section 7 of the Insolvency and Bankruptcy Code, 2016 against Videocon Industries Limited (VIL) was admitted by the National Company Law Tribunal (NCLT), Mumbai Bench. The Corporate Insolvency Resolution Process (CIRP) commenced, with the appointment of an Interim Resolution Professional (IRP) and the declaration of a moratorium. The IRP was directed to fulfill duties under Section 18 of The Code and submit a resolution plan within the specified timeframe. en-us Wed, 06 Jun 2018 00:00:00 +0530 Mon, 18 Jun 2018 09:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362019 The petition filed by the State Bank of India (SBI) under Section 7 of the Insolvency and Bankruptcy Code, 2016 against Videocon Industries Limited (VIL) was admitted by the National Company Law Tribunal (NCLT), Mumbai Bench. The Corporate Insolvency Resolution Process (CIRP) commenced, with the appointment of an Interim Resolution Professional (IRP) and the declaration of a moratorium. The IRP was directed to fulfill duties under Section 18 of The Code and submit a resolution plan within the specified timeframe. Case-Laws Insolvency and Bankruptcy Wed, 06 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362019