https://www.taxtmi.com/caselaws?id=291884 The Tribunal admitted the petition under Section 7 of the IBC, recognizing the Petitioners as Financial Creditors due to their status as Home Buyers. It initiated the Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor, appointed the proposed Interim Resolution Professional (IRP), and imposed a moratorium under Section 14 of the IBC, ensuring compliance with applicable rules during the resolution process. en-us Thu, 05 Sep 2019 00:00:00 +0530 Wed, 13 Nov 2024 12:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291884 The Tribunal admitted the petition under Section 7 of the IBC, recognizing the Petitioners as Financial Creditors due to their status as Home Buyers. It initiated the Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor, appointed the proposed Interim Resolution Professional (IRP), and imposed a moratorium under Section 14 of the IBC, ensuring compliance with applicable rules during the resolution process. Case-Laws IBC Thu, 05 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291884