https://www.taxtmi.com/caselaws?id=273438 The Tribunal ruled in favor of the Operational Creditor in a Company Petition under the Insolvency and Bankruptcy Code, 2016, finding the Corporate Debtor in default of payment without ongoing disputes. The petition was deemed maintainable despite objections raised by the Respondent regarding compliance with the IB Code. The Tribunal approved the appointment of an Interim Resolution Professional, declared a moratorium, and directed actions for the Corporate Insolvency Resolution Process, including managing the Corporate Debtor, public announcements, and ensuring compliance with the Code's provisions. en-us Fri, 11 Aug 2017 00:00:00 +0530 Wed, 27 Jun 2018 07:27:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=273438 The Tribunal ruled in favor of the Operational Creditor in a Company Petition under the Insolvency and Bankruptcy Code, 2016, finding the Corporate Debtor in default of payment without ongoing disputes. The petition was deemed maintainable despite objections raised by the Respondent regarding compliance with the IB Code. The Tribunal approved the appointment of an Interim Resolution Professional, declared a moratorium, and directed actions for the Corporate Insolvency Resolution Process, including managing the Corporate Debtor, public announcements, and ensuring compliance with the Code's provisions. Case-Laws Insolvency and Bankruptcy Fri, 11 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=273438