https://www.taxtmi.com/caselaws?id=279781 The tribunal admitted the application filed by the Operational Creditor under Section 9 of the Insolvency & Bankruptcy Code, 2016, initiating the Corporate Insolvency Resolution Process against the Corporate Debtor. A moratorium was declared under Section 14, appointing Mr. Anil Anchalia as the Interim Resolution Professional. The tribunal directed the Interim Resolution Professional to ascertain creditors' particulars, convene a Committee of Creditors meeting, and submit progress reports. The order prohibited suits, asset transfers, and recovery actions against the Corporate Debtor, with communication to all relevant parties. en-us Tue, 17 Jul 2018 00:00:00 +0530 Fri, 05 Apr 2019 06:43:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=279781 The tribunal admitted the application filed by the Operational Creditor under Section 9 of the Insolvency & Bankruptcy Code, 2016, initiating the Corporate Insolvency Resolution Process against the Corporate Debtor. A moratorium was declared under Section 14, appointing Mr. Anil Anchalia as the Interim Resolution Professional. The tribunal directed the Interim Resolution Professional to ascertain creditors' particulars, convene a Committee of Creditors meeting, and submit progress reports. The order prohibited suits, asset transfers, and recovery actions against the Corporate Debtor, with communication to all relevant parties. Case-Laws Insolvency and Bankruptcy Tue, 17 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=279781