https://www.taxtmi.com/caselaws?id=384028 The Tribunal found the Corporate Debtor in default of repayment and invalidated their defense based on an OTS proposal rejected by the Financial Creditor. The Tribunal ordered the commencement of the Corporate Insolvency Resolution Process (CIRP), appointed an Interim Resolution Professional (IRP), and declared a moratorium until completion of the CIRP or approval of a resolution plan. en-us Wed, 22 May 2019 00:00:00 +0530 Mon, 05 Aug 2019 07:50:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=384028 The Tribunal found the Corporate Debtor in default of repayment and invalidated their defense based on an OTS proposal rejected by the Financial Creditor. The Tribunal ordered the commencement of the Corporate Insolvency Resolution Process (CIRP), appointed an Interim Resolution Professional (IRP), and declared a moratorium until completion of the CIRP or approval of a resolution plan. Case-Laws Insolvency and Bankruptcy Wed, 22 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=384028