https://www.taxtmi.com/caselaws?id=379660 The Tribunal confirmed jurisdiction over the corporate debtor's registered office in New Delhi, admitted the application under Section 7 of the Insolvency and Bankruptcy Code, 2016, appointing Shri Vijender Sharma as the Interim Resolution Professional. A moratorium was declared under Section 14 of the Code, prohibiting certain actions against the corporate debtor. The debt amount of Rs. 46,28,29,952.44 was established, and the respondent's claims of solvency were dismissed. The Tribunal found the application complete and maintainable, emphasizing the evidence of default. en-us Tue, 19 Mar 2019 00:00:00 +0530 Mon, 06 May 2019 08:39:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=379660 The Tribunal confirmed jurisdiction over the corporate debtor's registered office in New Delhi, admitted the application under Section 7 of the Insolvency and Bankruptcy Code, 2016, appointing Shri Vijender Sharma as the Interim Resolution Professional. A moratorium was declared under Section 14 of the Code, prohibiting certain actions against the corporate debtor. The debt amount of Rs. 46,28,29,952.44 was established, and the respondent's claims of solvency were dismissed. The Tribunal found the application complete and maintainable, emphasizing the evidence of default. Case-Laws Insolvency and Bankruptcy Tue, 19 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=379660