https://www.taxtmi.com/caselaws?id=291930 The Tribunal admitted the petition for initiation of the Corporate Insolvency Resolution Process under Section 9 of the Insolvency and Bankruptcy Code against the Corporate Debtor, Addinath Rubbers Private Limited. Moratorium was declared, appointing an Interim Resolution Professional to manage the affairs of the Corporate Debtor. The Corporate Debtor's partial payment reduced the outstanding debt, and no dispute was found regarding the debt and default. The Tribunal directed cooperation with the Interim Resolution Professional for asset management and claims submission, with regular progress reports to be provided to the Tribunal. en-us Wed, 25 Sep 2019 00:00:00 +0530 Mon, 30 Nov 2020 19:11:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291930 The Tribunal admitted the petition for initiation of the Corporate Insolvency Resolution Process under Section 9 of the Insolvency and Bankruptcy Code against the Corporate Debtor, Addinath Rubbers Private Limited. Moratorium was declared, appointing an Interim Resolution Professional to manage the affairs of the Corporate Debtor. The Corporate Debtor's partial payment reduced the outstanding debt, and no dispute was found regarding the debt and default. The Tribunal directed cooperation with the Interim Resolution Professional for asset management and claims submission, with regular progress reports to be provided to the Tribunal. Case-Laws Insolvency and Bankruptcy Wed, 25 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291930