https://www.taxtmi.com/caselaws?id=288253 The National Company Law Tribunal, Chennai Bench, admitted a Company Application under Section 7 of the Insolvency & Bankruptcy Code, 2016, filed by a Financial Creditor against a Corporate Debtor for defaulting on a loan repayment. The Tribunal found the application admissible, confirmed the existence of debt and default, appointed an Interim Resolution Professional, declared a moratorium, and directed a public announcement of the corporate insolvency resolution process. en-us Wed, 27 Mar 2019 00:00:00 +0530 Thu, 28 May 2020 10:43:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=288253 The National Company Law Tribunal, Chennai Bench, admitted a Company Application under Section 7 of the Insolvency & Bankruptcy Code, 2016, filed by a Financial Creditor against a Corporate Debtor for defaulting on a loan repayment. The Tribunal found the application admissible, confirmed the existence of debt and default, appointed an Interim Resolution Professional, declared a moratorium, and directed a public announcement of the corporate insolvency resolution process. Case-Laws Insolvency and Bankruptcy Wed, 27 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=288253