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    <title>2020 (4) TMI 865 - NATIONAL COMPANY LAW TRIBUNAL, CHANDIGARH BENCH</title>
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    <description>The National Company Law Tribunal (NCLT), Chandigarh Bench, admitted a petition for initiating the Corporate Insolvency Resolution Process (CIRP) against a corporate debtor for defaulting on payment of transportation, detention, and warehousing services. The petition was filed within the limitation period, and an Interim Resolution Professional (IRP) was appointed. A moratorium was declared under section 14 of the Insolvency and Bankruptcy Code, 2016, to protect the corporate debtor&#039;s assets during the CIRP proceedings.</description>
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