https://www.taxtmi.com/caselaws?id=288360 The Tribunal admitted the Company Petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, due to the Corporate Debtor's default in repaying the Operational Creditor. A moratorium was declared, and an Interim Resolution Professional was appointed to oversee the insolvency resolution process, ensuring continuity of essential services. The judgment addressed the dispute over outstanding payments and fund mismanagement, ultimately leading to the appointment of Ms. Medha Kulkarni as the Interim Resolution Professional. en-us Thu, 14 Jun 2018 00:00:00 +0530 Tue, 02 Jun 2020 22:27:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=288360 The Tribunal admitted the Company Petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, due to the Corporate Debtor's default in repaying the Operational Creditor. A moratorium was declared, and an Interim Resolution Professional was appointed to oversee the insolvency resolution process, ensuring continuity of essential services. The judgment addressed the dispute over outstanding payments and fund mismanagement, ultimately leading to the appointment of Ms. Medha Kulkarni as the Interim Resolution Professional. Case-Laws Insolvency and Bankruptcy Thu, 14 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=288360