https://www.taxtmi.com/caselaws?id=367795 The Tribunal admitted the petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, appointing Mr. Akhil Goel as the Interim Resolution Professional (IRP). A moratorium was declared under Section 14 of the Code, and the IRP was tasked with specific duties outlined in Sections 15, 17, 18, 19, 20, and 21. The Tribunal emphasized cooperation with the IRP and protection of the Corporate Debtor's property value. The order was to be communicated to relevant parties within seven days, allowing the operational creditor to file its claim for adjudication. en-us Thu, 30 Aug 2018 00:00:00 +0530 Wed, 26 Sep 2018 08:48:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=367795 The Tribunal admitted the petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, appointing Mr. Akhil Goel as the Interim Resolution Professional (IRP). A moratorium was declared under Section 14 of the Code, and the IRP was tasked with specific duties outlined in Sections 15, 17, 18, 19, 20, and 21. The Tribunal emphasized cooperation with the IRP and protection of the Corporate Debtor's property value. The order was to be communicated to relevant parties within seven days, allowing the operational creditor to file its claim for adjudication. Case-Laws Insolvency and Bankruptcy Thu, 30 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=367795