https://www.taxtmi.com/caselaws?id=371067 The Tribunal established jurisdiction over the matter, determining the petitioner as a "Financial Creditor" with a "Financial Debt" owed by the Corporate Debtor. Evidence of default was found, leading to the admission of the application under Section 7 of the Insolvency and Bankruptcy Code. Mr. Ashok Kumar Juneja was appointed as the Interim Resolution Professional, and a moratorium was declared. The Tribunal emphasized compliance with the Code, Rules, and Regulations, directing communication of the order to relevant parties and authorities. en-us Wed, 10 Oct 2018 00:00:00 +0530 Wed, 28 Nov 2018 07:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=371067 The Tribunal established jurisdiction over the matter, determining the petitioner as a "Financial Creditor" with a "Financial Debt" owed by the Corporate Debtor. Evidence of default was found, leading to the admission of the application under Section 7 of the Insolvency and Bankruptcy Code. Mr. Ashok Kumar Juneja was appointed as the Interim Resolution Professional, and a moratorium was declared. The Tribunal emphasized compliance with the Code, Rules, and Regulations, directing communication of the order to relevant parties and authorities. Case-Laws Insolvency and Bankruptcy Wed, 10 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=371067