https://www.taxtmi.com/caselaws?id=285708 The petition filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 by an operational creditor against a corporate debtor was admitted. An Interim Resolution Professional was appointed, and a moratorium was declared. The operational creditor deposited a sum with the IRP, and the ex-management was directed to provide documents. The judgment emphasized fairness in resolving discrepancies in the claimed amounts by financial creditors. The order was to be promptly communicated to relevant parties. en-us Thu, 22 Aug 2019 00:00:00 +0530 Thu, 23 Jan 2020 08:06:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=285708 The petition filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 by an operational creditor against a corporate debtor was admitted. An Interim Resolution Professional was appointed, and a moratorium was declared. The operational creditor deposited a sum with the IRP, and the ex-management was directed to provide documents. The judgment emphasized fairness in resolving discrepancies in the claimed amounts by financial creditors. The order was to be promptly communicated to relevant parties. Case-Laws Insolvency and Bankruptcy Thu, 22 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=285708