https://www.taxtmi.com/caselaws?id=379161 The Tribunal admitted the Application under Section 10 of the Insolvency and Bankruptcy Code, appointing an Interim Resolution Professional to manage the Corporate Debtor's assets and initiate the resolution process. A moratorium was declared from the order date till the completion of the resolution process, prohibiting actions against the Corporate Debtor. The Interim Resolution Professional was directed to comply with the Code's sections and receive cooperation from the Corporate Debtor's directors and associated persons. Detailed instructions for compliance and communication with the appointed Interim Resolution Professional were provided in the Order. en-us Mon, 04 Mar 2019 00:00:00 +0530 Mon, 29 Apr 2019 06:20:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=379161 The Tribunal admitted the Application under Section 10 of the Insolvency and Bankruptcy Code, appointing an Interim Resolution Professional to manage the Corporate Debtor's assets and initiate the resolution process. A moratorium was declared from the order date till the completion of the resolution process, prohibiting actions against the Corporate Debtor. The Interim Resolution Professional was directed to comply with the Code's sections and receive cooperation from the Corporate Debtor's directors and associated persons. Detailed instructions for compliance and communication with the appointed Interim Resolution Professional were provided in the Order. Case-Laws Insolvency and Bankruptcy Mon, 04 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=379161