https://www.taxtmi.com/caselaws?id=382883 The Adjudicating Authority admitted the application under Section 9 of the Insolvency and Bankruptcy Code, finding the respondent company unable to pay the operational debt. An interim insolvency professional was appointed to manage the resolution process, including declaring a moratorium. The moratorium prohibited actions against the debtor, ensuring continuity of essential services. The petition was admitted without costs, initiating the insolvency resolution process under the Code. en-us Wed, 29 May 2019 00:00:00 +0530 Fri, 12 Jul 2019 07:54:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382883 The Adjudicating Authority admitted the application under Section 9 of the Insolvency and Bankruptcy Code, finding the respondent company unable to pay the operational debt. An interim insolvency professional was appointed to manage the resolution process, including declaring a moratorium. The moratorium prohibited actions against the debtor, ensuring continuity of essential services. The petition was admitted without costs, initiating the insolvency resolution process under the Code. Case-Laws Insolvency and Bankruptcy Wed, 29 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382883