https://www.taxtmi.com/caselaws?id=383552 The Tribunal admitted the application under Section 9 of the Insolvency and Bankruptcy Code, 2016, initiating the Corporate Insolvency Resolution Process against the Corporate Debtor for non-payment of operational debt. It dismissed the Corporate Debtor's claim of a pre-existing dispute, finding the debt due and payable. Mr. Sandeep Chandana was appointed as the Interim Resolution Professional, and a moratorium was declared under Section 14 of the IBC, 2016. The decision aimed to safeguard creditors' interests and facilitate the orderly progress of the resolution process. en-us Wed, 10 Apr 2019 00:00:00 +0530 Fri, 26 Jul 2019 08:30:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=383552 The Tribunal admitted the application under Section 9 of the Insolvency and Bankruptcy Code, 2016, initiating the Corporate Insolvency Resolution Process against the Corporate Debtor for non-payment of operational debt. It dismissed the Corporate Debtor's claim of a pre-existing dispute, finding the debt due and payable. Mr. Sandeep Chandana was appointed as the Interim Resolution Professional, and a moratorium was declared under Section 14 of the IBC, 2016. The decision aimed to safeguard creditors' interests and facilitate the orderly progress of the resolution process. Case-Laws Insolvency and Bankruptcy Wed, 10 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=383552