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    <title>2020 (4) TMI 553 - NATIONAL COMPANY LAW TRIBUNAL, CHENNAI BENCH</title>
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    <description>The Tribunal admitted the Application under section 9 of the Insolvency and Bankruptcy Code, 2016, filed by the Operational Creditor against the Corporate Debtor. The Corporate Insolvency Resolution Process was initiated, a moratorium was declared, and an Interim Resolution Professional was appointed. The Tribunal found the claim valid, as the Corporate Debtor did not dispute it and the Operational Creditor provided supporting documents. The moratorium was imposed on the Corporate Debtor, and the Interim Resolution Professional was directed to manage the process until a Resolution Plan or liquidation order was approved.</description>
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