https://www.taxtmi.com/caselaws?id=396537 The Tribunal admitted the petition under Section 9 of the Insolvency and Bankruptcy Code, initiating the Corporate Insolvency Resolution Process against the Corporate Debtor. A moratorium was declared under Section 14 of the Code, prohibiting suits and recovery actions against the Debtor. Ms. Baiju P. was appointed as the Interim Resolution Professional to manage the Corporate Debtor's affairs during the resolution process. The Operational Creditor was directed to deposit a specified amount with the IRP for expenses. en-us Wed, 04 Mar 2020 00:00:00 +0530 Fri, 10 Jul 2020 08:08:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=396537 The Tribunal admitted the petition under Section 9 of the Insolvency and Bankruptcy Code, initiating the Corporate Insolvency Resolution Process against the Corporate Debtor. A moratorium was declared under Section 14 of the Code, prohibiting suits and recovery actions against the Debtor. Ms. Baiju P. was appointed as the Interim Resolution Professional to manage the Corporate Debtor's affairs during the resolution process. The Operational Creditor was directed to deposit a specified amount with the IRP for expenses. Case-Laws Insolvency and Bankruptcy Wed, 04 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=396537