https://www.taxtmi.com/caselaws?id=290352 The Tribunal admitted the application under section 7 of the Insolvency & Bankruptcy Code, 2016, filed by Jammu and Kashmir Bank Limited against Pan India Utilities Distribution Company Limited, initiating the Corporate Insolvency Resolution Process. A moratorium was declared under section 14 of the Code, prohibiting actions against the Corporate Debtor. Mr. Hemant J Mehta was appointed as the Interim Resolution Professional. The Tribunal's decision ensures the continuation of essential goods or services and outlines the effective period of the moratorium until the resolution process or liquidation is completed. en-us Fri, 20 Sep 2019 00:00:00 +0530 Mon, 21 Sep 2020 18:38:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290352 The Tribunal admitted the application under section 7 of the Insolvency & Bankruptcy Code, 2016, filed by Jammu and Kashmir Bank Limited against Pan India Utilities Distribution Company Limited, initiating the Corporate Insolvency Resolution Process. A moratorium was declared under section 14 of the Code, prohibiting actions against the Corporate Debtor. Mr. Hemant J Mehta was appointed as the Interim Resolution Professional. The Tribunal's decision ensures the continuation of essential goods or services and outlines the effective period of the moratorium until the resolution process or liquidation is completed. Case-Laws Insolvency and Bankruptcy Fri, 20 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290352