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    <title>2017 (11) TMI 1716 - NATIONAL COMPANY LAW TRIBUNAL, NEW DELHI</title>
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    <description>The Tribunal admitted the petition under Section 9 of the Insolvency and Bankruptcy Code, finding the Operational Creditor entitled to initiate the Insolvency Resolution Process due to non-payment by the Corporate Debtor. A moratorium under Section 14 of the Code was imposed, directing the continuation of essential supplies to the Corporate Debtor and specifying exceptions to the moratorium. An Insolvency Professional was proposed, and the case proceeded with necessary actions as per relevant sections, with a report scheduled to be submitted within the statutory period.</description>
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