https://www.taxtmi.com/caselaws?id=282817 The Tribunal admitted the application and initiated the Corporate Insolvency Resolution Process (CIRP) against the Respondent due to default in payment. An Interim Resolution Professional (IRP) was appointed, and a moratorium was imposed under Section 14 of the Insolvency and Bankruptcy Code (IBC). The Respondent's claims of quality disputes, warranty, and excise benefit withholding were not considered valid disputes under the IBC. The Applicant was directed to pay expenses to the IRP, and the order was communicated to relevant parties and authorities. en-us Mon, 17 Dec 2018 00:00:00 +0530 Mon, 26 Aug 2019 17:23:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=282817 The Tribunal admitted the application and initiated the Corporate Insolvency Resolution Process (CIRP) against the Respondent due to default in payment. An Interim Resolution Professional (IRP) was appointed, and a moratorium was imposed under Section 14 of the Insolvency and Bankruptcy Code (IBC). The Respondent's claims of quality disputes, warranty, and excise benefit withholding were not considered valid disputes under the IBC. The Applicant was directed to pay expenses to the IRP, and the order was communicated to relevant parties and authorities. Case-Laws Insolvency and Bankruptcy Mon, 17 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=282817