https://www.taxtmi.com/caselaws?id=282715 The Tribunal admitted the petition under Section 9 of the Insolvency & Bankruptcy Code, 2016, due to the Corporate Debtor's failure to pay outstanding dues to the Operational Creditor. An Interim Resolution Professional (IRP) was appointed, and a moratorium was imposed under Section 14 of the Code. The Operational Creditor was directed to deposit funds for IRP expenses. The case was scheduled for further consideration to monitor compliance with the Code on 10th June 2019. en-us Tue, 23 Apr 2019 00:00:00 +0530 Tue, 20 Aug 2019 20:40:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=282715 The Tribunal admitted the petition under Section 9 of the Insolvency & Bankruptcy Code, 2016, due to the Corporate Debtor's failure to pay outstanding dues to the Operational Creditor. An Interim Resolution Professional (IRP) was appointed, and a moratorium was imposed under Section 14 of the Code. The Operational Creditor was directed to deposit funds for IRP expenses. The case was scheduled for further consideration to monitor compliance with the Code on 10th June 2019. Case-Laws Insolvency and Bankruptcy Tue, 23 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=282715