https://www.taxtmi.com/caselaws?id=396221 The Tribunal admitted an application under section 9 of the Insolvency and Bankruptcy Code, 2016, filed by an operational creditor against an operational debtor for unpaid debt. The operational creditor provided evidence of the debt, followed legal procedures, and the Tribunal appointed an interim resolution professional to oversee the insolvency resolution process. A moratorium was declared, and the interim resolution professional was tasked with managing the debtor's affairs. The judgment emphasized compliance with the Code's provisions and the importance of appointing competent professionals to facilitate the resolution process effectively. en-us Thu, 05 Mar 2020 00:00:00 +0530 Thu, 25 Jun 2020 18:09:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=396221 The Tribunal admitted an application under section 9 of the Insolvency and Bankruptcy Code, 2016, filed by an operational creditor against an operational debtor for unpaid debt. The operational creditor provided evidence of the debt, followed legal procedures, and the Tribunal appointed an interim resolution professional to oversee the insolvency resolution process. A moratorium was declared, and the interim resolution professional was tasked with managing the debtor's affairs. The judgment emphasized compliance with the Code's provisions and the importance of appointing competent professionals to facilitate the resolution process effectively. Case-Laws Insolvency and Bankruptcy Thu, 05 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=396221