https://www.taxtmi.com/caselaws?id=386692 The application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 against a corporate debtor was successful. The operational creditor proved default in payment by the respondent through documentary evidence, despite the respondent's claims of making a payment. The Tribunal found the debt legitimate, appointed an interim insolvency professional, declared a moratorium, and initiated the insolvency resolution process. The application was admitted without costs, and the legal proceedings were concluded with communication of the order to relevant parties. en-us Wed, 10 Jul 2019 00:00:00 +0530 Sat, 05 Oct 2019 08:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=386692 The application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 against a corporate debtor was successful. The operational creditor proved default in payment by the respondent through documentary evidence, despite the respondent's claims of making a payment. The Tribunal found the debt legitimate, appointed an interim insolvency professional, declared a moratorium, and initiated the insolvency resolution process. The application was admitted without costs, and the legal proceedings were concluded with communication of the order to relevant parties. Case-Laws Insolvency and Bankruptcy Wed, 10 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=386692