https://www.taxtmi.com/caselaws?id=398773 The Tribunal confirmed jurisdiction over the matter, acknowledged non-payment of operational debt by the corporate debtor, and compliance with procedural requirements under the Insolvency and Bankruptcy Code. The corporate debtor admitted default, leading to the appointment of an Interim Resolution Professional. A moratorium was declared, prohibiting certain actions against the corporate debtor. The Tribunal admitted the application, initiated Corporate Insolvency Resolution Process, appointed Mr. Sanjay Kumar Singh as the Interim Resolution Professional, and directed the Registrar of Companies to update the corporate debtor's status. en-us Mon, 08 Jun 2020 00:00:00 +0530 Thu, 24 Sep 2020 09:55:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398773 The Tribunal confirmed jurisdiction over the matter, acknowledged non-payment of operational debt by the corporate debtor, and compliance with procedural requirements under the Insolvency and Bankruptcy Code. The corporate debtor admitted default, leading to the appointment of an Interim Resolution Professional. A moratorium was declared, prohibiting certain actions against the corporate debtor. The Tribunal admitted the application, initiated Corporate Insolvency Resolution Process, appointed Mr. Sanjay Kumar Singh as the Interim Resolution Professional, and directed the Registrar of Companies to update the corporate debtor's status. Case-Laws Insolvency and Bankruptcy Mon, 08 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398773