https://www.taxtmi.com/caselaws?id=287811 The Tribunal admitted the application under Section 7 of the Insolvency and Bankruptcy Code, 2016, for initiating Corporate Insolvency Resolution Process (CIRP) against the corporate debtor. A moratorium was declared, and an Interim Resolution Professional (IRP) was appointed. The Tribunal directed the financial creditor to pay an advance fee to the IRP and instructed the IRP to conduct the CIRP in a time-bound manner as per the regulations. The matter was listed for filing a progress report on 14/1/2020. en-us Thu, 28 Nov 2019 00:00:00 +0530 Mon, 04 May 2020 12:41:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=287811 The Tribunal admitted the application under Section 7 of the Insolvency and Bankruptcy Code, 2016, for initiating Corporate Insolvency Resolution Process (CIRP) against the corporate debtor. A moratorium was declared, and an Interim Resolution Professional (IRP) was appointed. The Tribunal directed the financial creditor to pay an advance fee to the IRP and instructed the IRP to conduct the CIRP in a time-bound manner as per the regulations. The matter was listed for filing a progress report on 14/1/2020. Case-Laws Insolvency and Bankruptcy Thu, 28 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=287811