https://www.taxtmi.com/caselaws?id=399036 The Tribunal confirmed its jurisdiction over the case, validated the debt claimed by the operational creditor, and found no genuine dispute regarding the debt. It declared a moratorium, appointed an Interim Resolution Professional, and initiated the Corporate Insolvency Resolution Process against the debtor company. The Tribunal concluded that the debt was acknowledged, procedural requirements under the Insolvency and Bankruptcy Code were met, and the insolvency proceedings were warranted. en-us Mon, 18 May 2020 00:00:00 +0530 Thu, 01 Oct 2020 11:40:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399036 The Tribunal confirmed its jurisdiction over the case, validated the debt claimed by the operational creditor, and found no genuine dispute regarding the debt. It declared a moratorium, appointed an Interim Resolution Professional, and initiated the Corporate Insolvency Resolution Process against the debtor company. The Tribunal concluded that the debt was acknowledged, procedural requirements under the Insolvency and Bankruptcy Code were met, and the insolvency proceedings were warranted. Case-Laws Insolvency and Bankruptcy Mon, 18 May 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399036