https://www.taxtmi.com/caselaws?id=393910 The tribunal admitted the application under Section 7 of the Insolvency and Bankruptcy Code, 2016, and initiated the Corporate Insolvency Resolution Process against the corporate debtor. The tribunal found that the corporate debtor defaulted in delivering possession of the residential unit, leading to the refund of the principal amount and compensation for the delay. An Interim Resolution Professional was appointed, and procedural directions were issued to ensure compliance with the Code. en-us Wed, 06 Nov 2019 00:00:00 +0530 Wed, 25 Mar 2020 11:37:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=393910 The tribunal admitted the application under Section 7 of the Insolvency and Bankruptcy Code, 2016, and initiated the Corporate Insolvency Resolution Process against the corporate debtor. The tribunal found that the corporate debtor defaulted in delivering possession of the residential unit, leading to the refund of the principal amount and compensation for the delay. An Interim Resolution Professional was appointed, and procedural directions were issued to ensure compliance with the Code. Case-Laws Insolvency and Bankruptcy Wed, 06 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=393910