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    <title>2018 (8) TMI 138 - NATIONAL COMPANY LAW TRIBUNAL, CHENNAI</title>
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    <description>The Tribunal admitted the Financial Creditor&#039;s application under Section 7 of the Insolvency and Bankruptcy Code, 2016, against the Corporate Debtor, initiating the Corporate Insolvency Resolution Process (CIRP). A moratorium was declared, and an Interim Resolution Professional (IRP) was appointed. The Tribunal found the debt and default established, upheld the validity of the &#039;Deed of Guarantee,&#039; dismissed jurisdiction and limitation objections raised by the Corporate Debtor, and directed compliance with the order.</description>
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