https://www.taxtmi.com/caselaws?id=290662 An operational creditor's section 9 IBC application was admitted where unpaid dues were supported by invoices and a statutory demand notice, the claim was within limitation, territorial jurisdiction existed, and the corporate debtor gave no reply or effective contest. On those prima facie findings of debt and default, the NCLT directed commencement of the Corporate Insolvency Resolution Process, imposed moratorium under section 14, ordered public announcement under section 15, and appointed an interim resolution professional to take charge of the insolvency process. en-us Thu, 14 Nov 2019 00:00:00 +0530 Fri, 09 Oct 2020 10:52:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290662 An operational creditor's section 9 IBC application was admitted where unpaid dues were supported by invoices and a statutory demand notice, the claim was within limitation, territorial jurisdiction existed, and the corporate debtor gave no reply or effective contest. On those prima facie findings of debt and default, the NCLT directed commencement of the Corporate Insolvency Resolution Process, imposed moratorium under section 14, ordered public announcement under section 15, and appointed an interim resolution professional to take charge of the insolvency process. Case-Laws Insolvency and Bankruptcy Thu, 14 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290662