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    <title>2020 (9) TMI 1112 - NATIONAL COMPANY LAW TRIBUNAL , BENGALURU BENCH</title>
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    <description>The tribunal admitted the application under Section 7 of the IBC, 2016, and initiated Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor due to the existence of debt and default. Shri Surender Devasani was appointed as the Interim Resolution Professional (IRP), and a moratorium was declared to facilitate the resolution process. The case was scheduled for the IRP&#039;s report on 11.03.2020.</description>
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      <description>The tribunal admitted the application under Section 7 of the IBC, 2016, and initiated Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor due to the existence of debt and default. Shri Surender Devasani was appointed as the Interim Resolution Professional (IRP), and a moratorium was declared to facilitate the resolution process. The case was scheduled for the IRP&#039;s report on 11.03.2020.</description>
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