https://www.taxtmi.com/caselaws?id=291124 The application filed under Section 7 of the Insolvency and Bankruptcy Code, 2016 by the Financial Creditor against the Corporate Debtor was admitted by the Tribunal. The Financial Creditor substantiated the debt and default with supporting documents, while the Corporate Debtor's counter statement lacked documentary proof. The Tribunal found in favor of the Financial Creditor, admitting the application, appointing an Interim Resolution Professional (IRP), and initiating a moratorium under Section 14 of the I&B Code, 2016, until the completion of the Corporate Insolvency Resolution Process. en-us Fri, 13 Dec 2019 00:00:00 +0530 Wed, 28 Oct 2020 19:21:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291124 The application filed under Section 7 of the Insolvency and Bankruptcy Code, 2016 by the Financial Creditor against the Corporate Debtor was admitted by the Tribunal. The Financial Creditor substantiated the debt and default with supporting documents, while the Corporate Debtor's counter statement lacked documentary proof. The Tribunal found in favor of the Financial Creditor, admitting the application, appointing an Interim Resolution Professional (IRP), and initiating a moratorium under Section 14 of the I&B Code, 2016, until the completion of the Corporate Insolvency Resolution Process. Case-Laws Insolvency and Bankruptcy Fri, 13 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291124