https://www.taxtmi.com/caselaws?id=285706 The Tribunal found the petition under Section 7 of the Insolvency & Bankruptcy Code, 2016 maintainable against the Corporate Debtor due to default in repayment of financial debt. The existence of a privity of contract between the Financial Creditor and the Corporate Debtor was established through various documents. The Tribunal admitted the petition, imposed a moratorium, and appointed an Interim Resolution Professional to proceed with the Corporate Insolvency Resolution Process. en-us Mon, 14 Jan 2019 00:00:00 +0530 Thu, 23 Jan 2020 08:06:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=285706 The Tribunal found the petition under Section 7 of the Insolvency & Bankruptcy Code, 2016 maintainable against the Corporate Debtor due to default in repayment of financial debt. The existence of a privity of contract between the Financial Creditor and the Corporate Debtor was established through various documents. The Tribunal admitted the petition, imposed a moratorium, and appointed an Interim Resolution Professional to proceed with the Corporate Insolvency Resolution Process. Case-Laws Insolvency and Bankruptcy Mon, 14 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=285706