https://www.taxtmi.com/caselaws?id=386163 The Tribunal admitted the application under Section 7 of the Insolvency and Bankruptcy Code, finding the debt default and appointing an Interim Resolution Professional. A moratorium was imposed under Section 14 of the Code, prohibiting actions against the Corporate Debtor. The IRP was tasked with managing the Debtor's operations and preserving its assets. The Tribunal issued consequential orders for the CIRP process to proceed, without costs awarded. en-us Thu, 25 Apr 2019 00:00:00 +0530 Mon, 23 Sep 2019 07:22:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=386163 The Tribunal admitted the application under Section 7 of the Insolvency and Bankruptcy Code, finding the debt default and appointing an Interim Resolution Professional. A moratorium was imposed under Section 14 of the Code, prohibiting actions against the Corporate Debtor. The IRP was tasked with managing the Debtor's operations and preserving its assets. The Tribunal issued consequential orders for the CIRP process to proceed, without costs awarded. Case-Laws Insolvency and Bankruptcy Thu, 25 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=386163