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    <title>2019 (6) TMI 1153 - NATIONAL COMPANY LAW TRIBUNAL CHANDIGARH BENCH, CHANDIGARH</title>
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    <description>The Tribunal confirmed proper service of the demand notice in Form No. 3 to the Corporate Debtor&#039;s registered office. Despite no dispute raised by the Corporate Debtor regarding the operational debt, the Sole Proprietor of the Operational Creditor affirmed the absence of any proven dispute. The Tribunal admitted the petition under Section 9(5)(i) of the Code, initiating the Corporate Insolvency Resolution Process. A moratorium under Section 14 of the Code was declared, appointing an Interim Resolution Professional to manage the Corporate Debtor&#039;s affairs and conduct creditor meetings, with regular progress reporting to the Tribunal.</description>
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    <pubDate>Fri, 07 Jun 2019 00:00:00 +0530</pubDate>
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      <description>The Tribunal confirmed proper service of the demand notice in Form No. 3 to the Corporate Debtor&#039;s registered office. Despite no dispute raised by the Corporate Debtor regarding the operational debt, the Sole Proprietor of the Operational Creditor affirmed the absence of any proven dispute. The Tribunal admitted the petition under Section 9(5)(i) of the Code, initiating the Corporate Insolvency Resolution Process. A moratorium under Section 14 of the Code was declared, appointing an Interim Resolution Professional to manage the Corporate Debtor&#039;s affairs and conduct creditor meetings, with regular progress reporting to the Tribunal.</description>
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