https://www.taxtmi.com/caselaws?id=290795 The petition filed by IDBI Bank Limited under Section 7 of the Insolvency and Bankruptcy Code was admitted, initiating the Corporate Insolvency Resolution Process against Reliance Naval and Engineering Limited. The court appointed an Interim Resolution Professional and declared a moratorium, prohibiting actions against the Corporate Debtor. The arguments related to the RBI circular were deemed irrelevant. en-us Wed, 15 Jan 2020 00:00:00 +0530 Fri, 16 Oct 2020 10:51:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290795 The petition filed by IDBI Bank Limited under Section 7 of the Insolvency and Bankruptcy Code was admitted, initiating the Corporate Insolvency Resolution Process against Reliance Naval and Engineering Limited. The court appointed an Interim Resolution Professional and declared a moratorium, prohibiting actions against the Corporate Debtor. The arguments related to the RBI circular were deemed irrelevant. Case-Laws Insolvency and Bankruptcy Wed, 15 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290795