https://www.taxtmi.com/caselaws?id=381055 The Tribunal granted the application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016, by the operational creditor against the respondent, seeking recovery of dues. The Tribunal determined the operational debt owed by the respondent, appointed an Interim Insolvency Resolution Professional, declared a moratorium, and initiated the Insolvency Resolution Process. The applicant established the existence of debt and default, fulfilling the criteria for insolvency proceedings. The appointed professional was tasked with managing the resolution process, and a moratorium was imposed to protect the corporate debtor's interests during the proceedings. en-us Tue, 09 Apr 2019 00:00:00 +0530 Tue, 04 Jun 2019 08:12:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=381055 The Tribunal granted the application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016, by the operational creditor against the respondent, seeking recovery of dues. The Tribunal determined the operational debt owed by the respondent, appointed an Interim Insolvency Resolution Professional, declared a moratorium, and initiated the Insolvency Resolution Process. The applicant established the existence of debt and default, fulfilling the criteria for insolvency proceedings. The appointed professional was tasked with managing the resolution process, and a moratorium was imposed to protect the corporate debtor's interests during the proceedings. Case-Laws Insolvency and Bankruptcy Tue, 09 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=381055