https://www.taxtmi.com/caselaws?id=383770 The Tribunal admitted Ultratech Cement Limited's petition against Silveroak Commercials Limited for defaulting on a payment of Rs. 37,91,750, inclusive of interest. The Corporate Debtor's dishonored cheques and lack of response to the demand notice resulted in the Tribunal finding them liable. Consequently, the Tribunal declared a moratorium, appointing an interim resolution professional and specifying the moratorium's effective period until the insolvency resolution process or liquidation is completed. en-us Wed, 01 May 2019 00:00:00 +0530 Wed, 31 Jul 2019 04:32:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=383770 The Tribunal admitted Ultratech Cement Limited's petition against Silveroak Commercials Limited for defaulting on a payment of Rs. 37,91,750, inclusive of interest. The Corporate Debtor's dishonored cheques and lack of response to the demand notice resulted in the Tribunal finding them liable. Consequently, the Tribunal declared a moratorium, appointing an interim resolution professional and specifying the moratorium's effective period until the insolvency resolution process or liquidation is completed. Case-Laws Insolvency and Bankruptcy Wed, 01 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=383770