https://www.taxtmi.com/caselaws?id=393343 The application under Section 9 of the Insolvency & Bankruptcy Code, 2016 was admitted by the Tribunal. An outstanding operational debt of Rs. 93,24,741.46 was found against the Corporate Debtor, with no substantial evidence of a pre-existing dispute. Mr. Renahan Vamakeshan was appointed as the Interim Resolution Professional, and a moratorium was declared to prohibit legal actions against the Corporate Debtor and asset disposals. The moratorium would remain in effect until the completion of the Corporate Insolvency Resolution Process or liquidation order. en-us Thu, 19 Dec 2019 00:00:00 +0530 Fri, 13 Mar 2020 11:13:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=393343 The application under Section 9 of the Insolvency & Bankruptcy Code, 2016 was admitted by the Tribunal. An outstanding operational debt of Rs. 93,24,741.46 was found against the Corporate Debtor, with no substantial evidence of a pre-existing dispute. Mr. Renahan Vamakeshan was appointed as the Interim Resolution Professional, and a moratorium was declared to prohibit legal actions against the Corporate Debtor and asset disposals. The moratorium would remain in effect until the completion of the Corporate Insolvency Resolution Process or liquidation order. Case-Laws Insolvency and Bankruptcy Thu, 19 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=393343