https://www.taxtmi.com/caselaws?id=377498 The Tribunal admitted the application under Section 7 of the Insolvency and Bankruptcy Code, 2016, initiating the Corporate Insolvency Resolution Process against the corporate debtor due to default in loan repayment. Various orders were issued, including declaring a moratorium, appointing an Interim Resolution Professional, and directing the convening of a meeting of the Committee of Creditors. The Interim Resolution Professional was tasked with submitting a resolution plan within a specified timeframe, and the moratorium would remain in effect until the completion of the resolution process. Communication directives were issued for the parties involved, and a progress report filing was scheduled for monitoring. en-us Fri, 28 Sep 2018 00:00:00 +0530 Sat, 30 Mar 2019 08:21:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377498 The Tribunal admitted the application under Section 7 of the Insolvency and Bankruptcy Code, 2016, initiating the Corporate Insolvency Resolution Process against the corporate debtor due to default in loan repayment. Various orders were issued, including declaring a moratorium, appointing an Interim Resolution Professional, and directing the convening of a meeting of the Committee of Creditors. The Interim Resolution Professional was tasked with submitting a resolution plan within a specified timeframe, and the moratorium would remain in effect until the completion of the resolution process. Communication directives were issued for the parties involved, and a progress report filing was scheduled for monitoring. Case-Laws Insolvency and Bankruptcy Fri, 28 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377498