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    <title>2019 (8) TMI 1475 - NATIONAL COMPANY LAW TRIBUNAL, NEW DELHI</title>
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    <description>The Tribunal admitted the application filed under Section 9 of the Insolvency and Bankruptcy Code by the Operational Creditor against the Corporate Debtor for outstanding payments. The Respondent&#039;s failure to pay led to the demand notice under Section 8 of the IBC, which was accepted by the Respondent&#039;s counsel without a reply. The Tribunal confirmed jurisdiction, appointed an Interim Resolution Professional, and imposed a moratorium, following statutory requirements. The application was admitted based on evidence of default, with the Respondent&#039;s admission of liability supporting the decision.</description>
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