https://www.taxtmi.com/caselaws?id=398400 The Tribunal admitted the Company Petition under section 7 of the Insolvency & Bankruptcy Code, 2016, initiating Corporate Insolvency Resolution Process against the Corporate Debtor due to default in payment. The Tribunal established jurisdiction, admitted the petition, and appointed an Interim Resolution Professional. A moratorium under section 14 of the IBC was ordered, protecting the Corporate Debtor's assets. The Interim Resolution Professional was tasked with managing the Corporate Debtor's affairs during the CIRP period. en-us Mon, 17 Aug 2020 00:00:00 +0530 Tue, 15 Sep 2020 11:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398400 The Tribunal admitted the Company Petition under section 7 of the Insolvency & Bankruptcy Code, 2016, initiating Corporate Insolvency Resolution Process against the Corporate Debtor due to default in payment. The Tribunal established jurisdiction, admitted the petition, and appointed an Interim Resolution Professional. A moratorium under section 14 of the IBC was ordered, protecting the Corporate Debtor's assets. The Interim Resolution Professional was tasked with managing the Corporate Debtor's affairs during the CIRP period. Case-Laws Insolvency and Bankruptcy Mon, 17 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398400