https://www.taxtmi.com/caselaws?id=379792 The tribunal found the application under Section 9 of the Insolvency & Bankruptcy Code, 2016, filed by the Operational Creditor, to be maintainable. It declared a moratorium, appointed an Interim Resolution Professional, and ordered the commencement of the Corporate Insolvency Resolution Process against the Corporate Debtor. The tribunal determined that the Corporate Debtor defaulted in payment of the outstanding debt, upheld the service of notice under Section 8 of the I&B Code, rejected objections regarding debt validity and procedural compliance, and imposed a moratorium while appointing the Interim Resolution Professional. en-us Thu, 28 Mar 2019 00:00:00 +0530 Wed, 08 May 2019 07:21:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=379792 The tribunal found the application under Section 9 of the Insolvency & Bankruptcy Code, 2016, filed by the Operational Creditor, to be maintainable. It declared a moratorium, appointed an Interim Resolution Professional, and ordered the commencement of the Corporate Insolvency Resolution Process against the Corporate Debtor. The tribunal determined that the Corporate Debtor defaulted in payment of the outstanding debt, upheld the service of notice under Section 8 of the I&B Code, rejected objections regarding debt validity and procedural compliance, and imposed a moratorium while appointing the Interim Resolution Professional. Case-Laws Insolvency and Bankruptcy Thu, 28 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=379792