https://www.taxtmi.com/caselaws?id=379162 The National Company Law Tribunal, Kolkata Bench admitted the application under Section 7 of the Insolvency and Bankruptcy Code against the Corporate Debtor for defaulting on a debt of Rs. 22,97,82,021. A moratorium was declared, and a Resolution Professional was appointed to oversee the Corporate Insolvency Resolution Process. Shashi Agarwal was appointed as the Resolution Professional to manage the creditors' particulars and convene a Committee of Creditors for a resolution plan. The Tribunal directed communication of the order to relevant parties and scheduled a progress report filing for the future. en-us Tue, 05 Mar 2019 00:00:00 +0530 Mon, 29 Apr 2019 06:25:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=379162 The National Company Law Tribunal, Kolkata Bench admitted the application under Section 7 of the Insolvency and Bankruptcy Code against the Corporate Debtor for defaulting on a debt of Rs. 22,97,82,021. A moratorium was declared, and a Resolution Professional was appointed to oversee the Corporate Insolvency Resolution Process. Shashi Agarwal was appointed as the Resolution Professional to manage the creditors' particulars and convene a Committee of Creditors for a resolution plan. The Tribunal directed communication of the order to relevant parties and scheduled a progress report filing for the future. Case-Laws Insolvency and Bankruptcy Tue, 05 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=379162