https://www.taxtmi.com/caselaws?id=274532 The Tribunal confirmed the outstanding operational debt of Rs. 26,66,302 against the Corporate Debtor, leading to the initiation of the Corporate Insolvency Resolution Process. An Interim Resolution Professional (IRP) was appointed to oversee the resolution process, including implementing a moratorium to safeguard assets and ensure uninterrupted supply of goods and services. The Tribunal found no dispute regarding the debt, resulting in the admission of the petition and commencement of insolvency proceedings. en-us Fri, 18 May 2018 00:00:00 +0530 Mon, 20 Aug 2018 10:05:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=274532 The Tribunal confirmed the outstanding operational debt of Rs. 26,66,302 against the Corporate Debtor, leading to the initiation of the Corporate Insolvency Resolution Process. An Interim Resolution Professional (IRP) was appointed to oversee the resolution process, including implementing a moratorium to safeguard assets and ensure uninterrupted supply of goods and services. The Tribunal found no dispute regarding the debt, resulting in the admission of the petition and commencement of insolvency proceedings. Case-Laws Insolvency and Bankruptcy Fri, 18 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=274532