https://www.taxtmi.com/caselaws?id=281430 The Tribunal admitted the petition under section 7 of the Insolvency and Bankruptcy Code, 2016, filed by a Financial Creditor against a Corporate Debtor, establishing a debt default of Rs. 9,18,20,789 as of 31.12.2015. An Interim Resolution Professional was appointed to initiate the Corporate Insolvency Resolution Process, declaring a moratorium to protect the Corporate Debtor's assets. Compliance with the Code was mandated, directing cooperation from the Corporate Debtor's stakeholders. en-us Thu, 01 Nov 2018 00:00:00 +0530 Tue, 18 Jun 2019 21:30:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=281430 The Tribunal admitted the petition under section 7 of the Insolvency and Bankruptcy Code, 2016, filed by a Financial Creditor against a Corporate Debtor, establishing a debt default of Rs. 9,18,20,789 as of 31.12.2015. An Interim Resolution Professional was appointed to initiate the Corporate Insolvency Resolution Process, declaring a moratorium to protect the Corporate Debtor's assets. Compliance with the Code was mandated, directing cooperation from the Corporate Debtor's stakeholders. Case-Laws Insolvency and Bankruptcy Thu, 01 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=281430