https://www.taxtmi.com/caselaws?id=391228 The Tribunal admitted the petition under Section 9 of The Insolvency and Bankruptcy Code, 2016, filed by an operational creditor against a corporate debtor for payment of dues. The Tribunal determined the operational debt, appointed an Interim Resolution Professional, declared a moratorium, and initiated the Corporate Insolvency Process. The respondent failed to dispute the debt, leading to the Tribunal's decision in favor of the petitioner. The moratorium was imposed to protect the corporate debtor's assets and ensure a fair resolution process in line with the Code's provisions. en-us Mon, 18 Nov 2019 00:00:00 +0530 Wed, 22 Jan 2020 13:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=391228 The Tribunal admitted the petition under Section 9 of The Insolvency and Bankruptcy Code, 2016, filed by an operational creditor against a corporate debtor for payment of dues. The Tribunal determined the operational debt, appointed an Interim Resolution Professional, declared a moratorium, and initiated the Corporate Insolvency Process. The respondent failed to dispute the debt, leading to the Tribunal's decision in favor of the petitioner. The moratorium was imposed to protect the corporate debtor's assets and ensure a fair resolution process in line with the Code's provisions. Case-Laws Insolvency and Bankruptcy Mon, 18 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=391228