https://www.taxtmi.com/caselaws?id=398142 The Tribunal granted the application under Section 9 of The Insolvency and Bankruptcy Code, 2016, finding the debt undisputed and the respondent in default of payment. The respondent's arguments were deemed illusory, and failure to dispute the notice under Section 8 of the Code was noted. Citing relevant documents and a Supreme Court judgment, the Tribunal declared a moratorium under Section 13, initiating the Corporate Insolvency Resolution Process. An Interim Resolution Professional was appointed, and the moratorium imposed to facilitate resolution, with instructions to continue supplies to the debtor. en-us Thu, 12 Mar 2020 00:00:00 +0530 Tue, 08 Sep 2020 10:30:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398142 The Tribunal granted the application under Section 9 of The Insolvency and Bankruptcy Code, 2016, finding the debt undisputed and the respondent in default of payment. The respondent's arguments were deemed illusory, and failure to dispute the notice under Section 8 of the Code was noted. Citing relevant documents and a Supreme Court judgment, the Tribunal declared a moratorium under Section 13, initiating the Corporate Insolvency Resolution Process. An Interim Resolution Professional was appointed, and the moratorium imposed to facilitate resolution, with instructions to continue supplies to the debtor. Case-Laws Insolvency and Bankruptcy Thu, 12 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398142