https://www.taxtmi.com/caselaws?id=291060 The petition for the initiation of the Corporate Insolvency Resolution Process (CIRP) against the corporate debtor was admitted. A moratorium was declared, and Mr. Ravi Sethia was appointed as the Interim Resolution Professional. The Tribunal ensured compliance with all statutory requirements, including proper service of demand notice, absence of dispute regarding operational debt, and appointment of the IRP. The process was to proceed in accordance with the Insolvency and Bankruptcy Code, 2016, and relevant regulations. en-us Thu, 21 Nov 2019 00:00:00 +0530 Tue, 27 Oct 2020 10:28:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291060 The petition for the initiation of the Corporate Insolvency Resolution Process (CIRP) against the corporate debtor was admitted. A moratorium was declared, and Mr. Ravi Sethia was appointed as the Interim Resolution Professional. The Tribunal ensured compliance with all statutory requirements, including proper service of demand notice, absence of dispute regarding operational debt, and appointment of the IRP. The process was to proceed in accordance with the Insolvency and Bankruptcy Code, 2016, and relevant regulations. Case-Laws Insolvency and Bankruptcy Thu, 21 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291060