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    <title>2019 (5) TMI 328 - NATIONAL COMPANY LAW TRIBUNAL CHANDIGARH BENCH, CHANDIGARH</title>
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    <description>The Tribunal confirmed jurisdiction over the matter due to the corporate debtor&#039;s address falling within its domain. The petition was initially filed without explicit authorization but rectified later. The financial creditor proved default, and the application was deemed complete. No disciplinary proceedings were pending against the proposed IRP, leading to the admission of the CIRP petition. A moratorium was declared, and Mr. Jitendra Bakshi was appointed as the IRP with specified duties. All parties were directed to cooperate with the IRP as per the Code and regulations.</description>
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      <description>The Tribunal confirmed jurisdiction over the matter due to the corporate debtor&#039;s address falling within its domain. The petition was initially filed without explicit authorization but rectified later. The financial creditor proved default, and the application was deemed complete. No disciplinary proceedings were pending against the proposed IRP, leading to the admission of the CIRP petition. A moratorium was declared, and Mr. Jitendra Bakshi was appointed as the IRP with specified duties. All parties were directed to cooperate with the IRP as per the Code and regulations.</description>
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