https://www.taxtmi.com/caselaws?id=290830 The tribunal admitted the petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, declaring a moratorium and appointing an Interim Resolution Professional to initiate the Corporate Insolvency Resolution Process. The tribunal rejected third-party intervention, emphasizing that only the corporate debtor has the right to be heard at the admission stage. The moratorium would remain until the completion of the insolvency resolution process, with the registry informing the Registrar of Companies to prevent striking off proceedings against the respondent company. en-us Wed, 22 Jan 2020 00:00:00 +0530 Mon, 19 Oct 2020 09:08:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290830 The tribunal admitted the petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, declaring a moratorium and appointing an Interim Resolution Professional to initiate the Corporate Insolvency Resolution Process. The tribunal rejected third-party intervention, emphasizing that only the corporate debtor has the right to be heard at the admission stage. The moratorium would remain until the completion of the insolvency resolution process, with the registry informing the Registrar of Companies to prevent striking off proceedings against the respondent company. Case-Laws Insolvency and Bankruptcy Wed, 22 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290830