https://www.taxtmi.com/caselaws?id=398391 The Tribunal admitted the petition filed by Kumar Brothers Pharma Pvt. Ltd. against Vascular Therapeutics India Pvt. Ltd. for initiating the Corporate Insolvency Resolution Process. A moratorium was declared, prohibiting suits and recovery actions against the Corporate Debtor. Mr. Mahesh Sureka was appointed as the Interim Resolution Professional to oversee the process in accordance with the Insolvency and Bankruptcy Code, 2016. en-us Fri, 21 Aug 2020 00:00:00 +0530 Tue, 15 Sep 2020 11:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398391 The Tribunal admitted the petition filed by Kumar Brothers Pharma Pvt. Ltd. against Vascular Therapeutics India Pvt. Ltd. for initiating the Corporate Insolvency Resolution Process. A moratorium was declared, prohibiting suits and recovery actions against the Corporate Debtor. Mr. Mahesh Sureka was appointed as the Interim Resolution Professional to oversee the process in accordance with the Insolvency and Bankruptcy Code, 2016. Case-Laws Insolvency and Bankruptcy Fri, 21 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398391