https://www.taxtmi.com/caselaws?id=363449 The Tribunal admitted the petition filed by a partnership firm against a corporate debtor for non-payment of debt arising from the sale of yarn. The petitioner complied with all Insolvency and Bankruptcy Code requirements, including proving the existence of debt and default. The Tribunal dismissed the corporate debtor's dispute regarding the delivery of goods as unsupported and declared a moratorium, prohibiting certain actions until the resolution process concludes. The petition was admitted, and an Interim Resolution Professional was to be appointed formally. en-us Mon, 12 Mar 2018 00:00:00 +0530 Thu, 12 Jul 2018 08:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=363449 The Tribunal admitted the petition filed by a partnership firm against a corporate debtor for non-payment of debt arising from the sale of yarn. The petitioner complied with all Insolvency and Bankruptcy Code requirements, including proving the existence of debt and default. The Tribunal dismissed the corporate debtor's dispute regarding the delivery of goods as unsupported and declared a moratorium, prohibiting certain actions until the resolution process concludes. The petition was admitted, and an Interim Resolution Professional was to be appointed formally. Case-Laws Insolvency and Bankruptcy Mon, 12 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=363449