https://www.taxtmi.com/caselaws?id=390736 The Tribunal admitted the petition under Section 9 of the Insolvency and Bankruptcy Code, declaring a moratorium and appointing an Interim Resolution Professional. The moratorium prohibits legal actions against the Corporate Debtor. The Tribunal found the debt valid, the default occurred, and no prior dispute existed regarding the agreement for services rendered. Consequently, the Corporate Insolvency Resolution Process was initiated against the corporate debtor. en-us Mon, 06 Jan 2020 00:00:00 +0530 Fri, 10 Jan 2020 07:05:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=390736 The Tribunal admitted the petition under Section 9 of the Insolvency and Bankruptcy Code, declaring a moratorium and appointing an Interim Resolution Professional. The moratorium prohibits legal actions against the Corporate Debtor. The Tribunal found the debt valid, the default occurred, and no prior dispute existed regarding the agreement for services rendered. Consequently, the Corporate Insolvency Resolution Process was initiated against the corporate debtor. Case-Laws Insolvency and Bankruptcy Mon, 06 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=390736