https://www.taxtmi.com/caselaws?id=391606 The Tribunal admitted the application under Section 9 of the Insolvency and Bankruptcy Code against a Private Limited Company as the debt was not time-barred and the Corporate Debtor did not contest the Applicant's claim. An Interim Resolution Professional was appointed, and the Operational Creditor was directed to deposit funds for expenses. The admission triggered a moratorium under Section 14(1) of the Code, with specific provisions in effect. Orders were communicated to relevant parties for compliance. en-us Wed, 06 Nov 2019 00:00:00 +0530 Mon, 03 Feb 2020 11:23:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=391606 The Tribunal admitted the application under Section 9 of the Insolvency and Bankruptcy Code against a Private Limited Company as the debt was not time-barred and the Corporate Debtor did not contest the Applicant's claim. An Interim Resolution Professional was appointed, and the Operational Creditor was directed to deposit funds for expenses. The admission triggered a moratorium under Section 14(1) of the Code, with specific provisions in effect. Orders were communicated to relevant parties for compliance. Case-Laws Insolvency and Bankruptcy Wed, 06 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=391606