https://www.taxtmi.com/caselaws?id=291473 The Tribunal admitted the application for Corporate Insolvency Resolution Process under section 7 of the Insolvency and Bankruptcy Code, 2016 against a private limited company. The corporate debtor was found in default of payment to financial creditors, leading to the appointment of an Insolvency Resolution Professional. The Tribunal asserted jurisdiction, initiating the moratorium period and directing necessary actions for compliance. en-us Fri, 13 Dec 2019 00:00:00 +0530 Wed, 11 Nov 2020 19:45:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291473 The Tribunal admitted the application for Corporate Insolvency Resolution Process under section 7 of the Insolvency and Bankruptcy Code, 2016 against a private limited company. The corporate debtor was found in default of payment to financial creditors, leading to the appointment of an Insolvency Resolution Professional. The Tribunal asserted jurisdiction, initiating the moratorium period and directing necessary actions for compliance. Case-Laws Insolvency and Bankruptcy Fri, 13 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291473