https://www.taxtmi.com/caselaws?id=382810 The Tribunal admitted the petition for initiating the Corporate Insolvency Resolution Process against the corporate debtor, declared a moratorium, and appointed Mr. Desh Deepak as the Interim Resolution Professional. The Tribunal found that the petitioner had provided sufficient evidence of default and fulfilled the requirements of Section 7 of the Insolvency and Bankruptcy Code, 2016. The conduct of the financial creditor in issuing notices to the debtors of the corporate debtor was criticized, but it did not impact the decision to admit the petition. en-us Thu, 13 Dec 2018 00:00:00 +0530 Thu, 11 Jul 2019 06:14:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382810 The Tribunal admitted the petition for initiating the Corporate Insolvency Resolution Process against the corporate debtor, declared a moratorium, and appointed Mr. Desh Deepak as the Interim Resolution Professional. The Tribunal found that the petitioner had provided sufficient evidence of default and fulfilled the requirements of Section 7 of the Insolvency and Bankruptcy Code, 2016. The conduct of the financial creditor in issuing notices to the debtors of the corporate debtor was criticized, but it did not impact the decision to admit the petition. Case-Laws Insolvency and Bankruptcy Thu, 13 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382810