https://www.taxtmi.com/caselaws?id=288233 The Tribunal admitted the Company petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, initiating the Corporate Insolvency Resolution Process against the Corporate Debtor. An Interim Resolution Professional was appointed to manage the Corporate Debtor's affairs, begin the resolution process, and invite creditor claims. A moratorium was imposed to protect the Corporate Debtor's assets, ensuring uninterrupted essential supplies. The IRP was granted authority to handle the assets, with directors and associated persons instructed to cooperate. The Registry was tasked with disseminating the order to relevant parties. en-us Wed, 20 Mar 2019 00:00:00 +0530 Wed, 27 May 2020 10:44:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=288233 The Tribunal admitted the Company petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, initiating the Corporate Insolvency Resolution Process against the Corporate Debtor. An Interim Resolution Professional was appointed to manage the Corporate Debtor's affairs, begin the resolution process, and invite creditor claims. A moratorium was imposed to protect the Corporate Debtor's assets, ensuring uninterrupted essential supplies. The IRP was granted authority to handle the assets, with directors and associated persons instructed to cooperate. The Registry was tasked with disseminating the order to relevant parties. Case-Laws Insolvency and Bankruptcy Wed, 20 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=288233