https://www.taxtmi.com/caselaws?id=392629 The Tribunal admitted the Application under Section 9 of the Insolvency & Bankruptcy Code 2016, filed by the Operational Creditor against the Corporate Debtor. The Interim Resolution Professional was appointed, imposing a moratorium on the Corporate Debtor as per Section 14(1) of the Code. The moratorium period would last until the completion of the Corporate Insolvency Resolution Process. The Operational Creditor was directed to pay expenses to the Interim Resolution Professional. The Application was admitted, and the moratorium took immediate effect, with orders communicated to relevant parties and authorities. en-us Thu, 07 Nov 2019 00:00:00 +0530 Tue, 25 Feb 2020 06:08:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=392629 The Tribunal admitted the Application under Section 9 of the Insolvency & Bankruptcy Code 2016, filed by the Operational Creditor against the Corporate Debtor. The Interim Resolution Professional was appointed, imposing a moratorium on the Corporate Debtor as per Section 14(1) of the Code. The moratorium period would last until the completion of the Corporate Insolvency Resolution Process. The Operational Creditor was directed to pay expenses to the Interim Resolution Professional. The Application was admitted, and the moratorium took immediate effect, with orders communicated to relevant parties and authorities. Case-Laws Insolvency and Bankruptcy Thu, 07 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=392629