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    <title>2018 (8) TMI 589 - NATIONAL COMPANY LAW TRIBUNAL, NEW DELHI</title>
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    <description>The Tribunal established jurisdiction over the corporate debtor in Delhi and admitted the application under Section 7 of the Insolvency and Bankruptcy Code. The financial creditor provided evidence of default amounting to Rs. 213,68,01,929, leading to the appointment of an Interim Resolution Professional. The corporate debtor&#039;s objections were dismissed, and a moratorium was declared under Section 14 of the Code. The Tribunal appointed an IRP to manage the debtor&#039;s affairs and communicate the order to relevant parties within seven days.</description>
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