https://www.taxtmi.com/caselaws?id=399570 The tribunal admitted the petition filed by the Operational Creditor, initiating the Corporate Insolvency Resolution Process against the Corporate Debtor. A moratorium under Section 14 of the IBC was ordered, appointing Mr. Rajeev Mannadiar as the Interim Resolution Professional. The Operational Creditor was directed to deposit Rs. 3,00,000 with the IRP for expenses. The tribunal found the petition valid despite the Corporate Debtor's objections regarding enforceability of a foreign arbitral award, pre-existing disputes, and authorization issues. en-us Tue, 09 Jun 2020 00:00:00 +0530 Wed, 14 Oct 2020 12:13:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399570 The tribunal admitted the petition filed by the Operational Creditor, initiating the Corporate Insolvency Resolution Process against the Corporate Debtor. A moratorium under Section 14 of the IBC was ordered, appointing Mr. Rajeev Mannadiar as the Interim Resolution Professional. The Operational Creditor was directed to deposit Rs. 3,00,000 with the IRP for expenses. The tribunal found the petition valid despite the Corporate Debtor's objections regarding enforceability of a foreign arbitral award, pre-existing disputes, and authorization issues. Case-Laws Insolvency and Bankruptcy Tue, 09 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399570