https://www.taxtmi.com/caselaws?id=287227 An ex parte order initiating CIRP and appointing an interim resolution professional was challenged, with relief sought to set it aside and to halt the proceedings pending disposal of the application. The NCLT Jaipur stayed the CIRP until the application is decided and directed the interim resolution professional not to take further steps in furtherance of the CIRP. The operative effect is a temporary suspension of insolvency action pending adjudication of the challenge. en-us Thu, 10 Jan 2019 00:00:00 +0530 Sat, 04 Apr 2020 09:54:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=287227 An ex parte order initiating CIRP and appointing an interim resolution professional was challenged, with relief sought to set it aside and to halt the proceedings pending disposal of the application. The NCLT Jaipur stayed the CIRP until the application is decided and directed the interim resolution professional not to take further steps in furtherance of the CIRP. The operative effect is a temporary suspension of insolvency action pending adjudication of the challenge. Case-Laws Insolvency and Bankruptcy Thu, 10 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=287227