https://www.taxtmi.com/caselaws?id=365118 The Tribunal admitted the Operational Creditor's application under Sections 8 and 9 of the Insolvency & Bankruptcy Code, 2016, initiating the Corporate Resolution Process for the Corporate Debtor due to non-payment of dues. A moratorium order was issued, prohibiting actions against the Corporate Debtor, and an Insolvency Resolution Professional was appointed to convene a meeting of the Committee of Creditors. The Tribunal found the application in compliance with the I&B Code, leading to the initiation of the Corporate Resolution Process. en-us Thu, 14 Jun 2018 00:00:00 +0530 Fri, 10 Aug 2018 08:07:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=365118 The Tribunal admitted the Operational Creditor's application under Sections 8 and 9 of the Insolvency & Bankruptcy Code, 2016, initiating the Corporate Resolution Process for the Corporate Debtor due to non-payment of dues. A moratorium order was issued, prohibiting actions against the Corporate Debtor, and an Insolvency Resolution Professional was appointed to convene a meeting of the Committee of Creditors. The Tribunal found the application in compliance with the I&B Code, leading to the initiation of the Corporate Resolution Process. Case-Laws Insolvency and Bankruptcy Thu, 14 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=365118