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    <title>2019 (1) TMI 577 - NATIONAL COMPANY LAW TRIBUNAL, NEW DELHI</title>
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    <description>The application under section 9 of the Insolvency and Bankruptcy Code, 2016 was admitted, leading to the initiation of Corporate Insolvency Resolution Process against the Respondent Corporate Debtor. An Interim Resolution Professional was appointed, and a moratorium was declared, imposing prohibitions on the Corporate Debtor, with specified exceptions. The Tribunal found default in payment by the Respondent, leading to the admission of the application and the subsequent legal proceedings before the National Company Law Tribunal, New Delhi.</description>
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