https://www.taxtmi.com/caselaws?id=390858 The Tribunal admitted the Company Petition under section 9 of the Insolvency & Bankruptcy Code, 2016, initiating Corporate Insolvency Resolution Process against the Corporate Debtor. Despite the Corporate Debtor's allegations of collusion and inflated invoices, the Tribunal found the Operational Creditor's claim valid, leading to the declaration of a moratorium and appointment of an Interim Resolution Professional to manage the Corporate Debtor's affairs during the insolvency resolution process. en-us Tue, 22 Oct 2019 00:00:00 +0530 Tue, 14 Jan 2020 08:32:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=390858 The Tribunal admitted the Company Petition under section 9 of the Insolvency & Bankruptcy Code, 2016, initiating Corporate Insolvency Resolution Process against the Corporate Debtor. Despite the Corporate Debtor's allegations of collusion and inflated invoices, the Tribunal found the Operational Creditor's claim valid, leading to the declaration of a moratorium and appointment of an Interim Resolution Professional to manage the Corporate Debtor's affairs during the insolvency resolution process. Case-Laws Insolvency and Bankruptcy Tue, 22 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=390858