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    <title>2019 (11) TMI 1486 - NATIONAL COMPANY LAW TRIBUNAL , CHANDIGARH BENCH</title>
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    <description>The Tribunal admitted the petition for initiating the Corporate Insolvency Resolution Process (CIRP) against the corporate debtor, declared a moratorium, and appointed an Interim Resolution Professional (IRP). The Tribunal found proper service of demand notices, no substantial dispute regarding the operational debt, compliance with Section 9(5)(i) of the Insolvency and Bankruptcy Code, and appointed Mrs. Mandeep Gujral as the IRP. The moratorium was declared in accordance with Section 14(1) of the Code, suspending legal proceedings against the debtor. The IRP was tasked with managing the debtor&#039;s affairs during the resolution process.</description>
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      <description>The Tribunal admitted the petition for initiating the Corporate Insolvency Resolution Process (CIRP) against the corporate debtor, declared a moratorium, and appointed an Interim Resolution Professional (IRP). The Tribunal found proper service of demand notices, no substantial dispute regarding the operational debt, compliance with Section 9(5)(i) of the Insolvency and Bankruptcy Code, and appointed Mrs. Mandeep Gujral as the IRP. The moratorium was declared in accordance with Section 14(1) of the Code, suspending legal proceedings against the debtor. The IRP was tasked with managing the debtor&#039;s affairs during the resolution process.</description>
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