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    <title>2018 (12) TMI 1570 - NATIONAL COMPANY LAW TRIBUNAL, NEW DELHI</title>
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    <description>The Tribunal admitted the application filed under Section 10 of the Insolvency and Bankruptcy Code, 2016, for Corporate Insolvency Resolution Process initiation by the applicant company. Acknowledging the default and compliance with statutory requirements, the Tribunal issued a moratorium under Section 14 of the Code. Mr. Gurpreet Singh was appointed as the Interim Resolution Professional to oversee the resolution process, with the moratorium prohibiting certain actions against the corporate debtor. Further proceedings were scheduled for January 4, 2019, emphasizing adherence to statutory requirements for insolvency resolution processes.</description>
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      <description>The Tribunal admitted the application filed under Section 10 of the Insolvency and Bankruptcy Code, 2016, for Corporate Insolvency Resolution Process initiation by the applicant company. Acknowledging the default and compliance with statutory requirements, the Tribunal issued a moratorium under Section 14 of the Code. Mr. Gurpreet Singh was appointed as the Interim Resolution Professional to oversee the resolution process, with the moratorium prohibiting certain actions against the corporate debtor. Further proceedings were scheduled for January 4, 2019, emphasizing adherence to statutory requirements for insolvency resolution processes.</description>
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