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    <title>2020 (3) TMI 28 - NATIONAL COMPANY LAW TRIBUNAL, CHANDIGARH</title>
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    <description>The tribunal admitted the Corporate Insolvency Resolution Process (CIRP) petition against the corporate debtor, declared a moratorium under Section 14(1) of the Insolvency and Bankruptcy Code, and appointed Mr. Divyanshu Mishra as the Interim Resolution Professional (IRP). This decision was based on the undisputed debt, the corporate debtor&#039;s default on payment obligations exceeding Rs. 1 lakh, and compliance with statutory requirements. The moratorium would remain in effect until the completion of the CIRP, approval of a resolution plan, or liquidation order.</description>
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