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    <title>2019 (5) TMI 1831 - NATIONAL COMPANY LAW TRIBUNAL , PRINCIPAL BENCH, NEW DELHI</title>
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    <description>The Tribunal admitted Corporation Bank&#039;s application under Section 7 of the Insolvency and Bankruptcy Code to initiate the Corporate Insolvency Resolution Process against the respondent company. Mr. Manish Agarwal was appointed as the Interim Resolution Professional, and a moratorium was declared. The Tribunal confirmed the existence of financial debt and default, directing the IRP to fulfill obligations under the Code. The application was deemed complete, and the Tribunal asserted its jurisdiction over the matter, ordering compliance with procedural requirements.</description>
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    <pubDate>Tue, 21 May 2019 00:00:00 +0530</pubDate>
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      <description>The Tribunal admitted Corporation Bank&#039;s application under Section 7 of the Insolvency and Bankruptcy Code to initiate the Corporate Insolvency Resolution Process against the respondent company. Mr. Manish Agarwal was appointed as the Interim Resolution Professional, and a moratorium was declared. The Tribunal confirmed the existence of financial debt and default, directing the IRP to fulfill obligations under the Code. The application was deemed complete, and the Tribunal asserted its jurisdiction over the matter, ordering compliance with procedural requirements.</description>
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