https://www.taxtmi.com/caselaws?id=288003 Operational debt and default were found to be supported by demand notice, invoices, bank records and an MSME Council payment order, while the corporate debtor raised no reply or pre-existing dispute. On that documentary basis, the Tribunal held that the statutory requirements for initiation of corporate insolvency resolution process under Section 9 of the Insolvency and Bankruptcy Code were satisfied. The application was admitted, moratorium under Section 14 followed, public announcement under Section 13 was directed, and the proposed Interim Resolution Professional was appointed. en-us Mon, 18 Feb 2019 00:00:00 +0530 Thu, 14 May 2020 02:08:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=288003 Operational debt and default were found to be supported by demand notice, invoices, bank records and an MSME Council payment order, while the corporate debtor raised no reply or pre-existing dispute. On that documentary basis, the Tribunal held that the statutory requirements for initiation of corporate insolvency resolution process under Section 9 of the Insolvency and Bankruptcy Code were satisfied. The application was admitted, moratorium under Section 14 followed, public announcement under Section 13 was directed, and the proposed Interim Resolution Professional was appointed. Case-Laws Insolvency and Bankruptcy Mon, 18 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=288003