https://www.taxtmi.com/caselaws?id=276338 The Financial Creditor filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, against the respondent-Corporate Debtor for defaulting on a loan. The Tribunal found the petition compliant with procedural requirements, supported by valid documents showing the loan agreement, disbursement, and default. With no dispute raised by the respondent, the Tribunal admitted the petition, imposed a moratorium, and scheduled further proceedings for the appointment of an Interim Resolution Professional to oversee the corporate insolvency resolution process. en-us Tue, 11 Jul 2017 00:00:00 +0530 Thu, 08 Nov 2018 10:12:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=276338 The Financial Creditor filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, against the respondent-Corporate Debtor for defaulting on a loan. The Tribunal found the petition compliant with procedural requirements, supported by valid documents showing the loan agreement, disbursement, and default. With no dispute raised by the respondent, the Tribunal admitted the petition, imposed a moratorium, and scheduled further proceedings for the appointment of an Interim Resolution Professional to oversee the corporate insolvency resolution process. Case-Laws Insolvency and Bankruptcy Tue, 11 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=276338