https://www.taxtmi.com/caselaws?id=291933 The court admitted the company petition under section 9 of the Insolvency & Bankruptcy Code, 2016, initiating the Corporate Insolvency Resolution Process against the Corporate Debtor. An Interim Resolution Professional was appointed, and a moratorium under section 14 of the IBC was declared. The management of the Corporate Debtor vested in the IRP/RP, and the Operational Creditor was directed to deposit a sum for expenses. The Registry was tasked with promptly communicating the order to relevant parties, and the Registrar of Companies was instructed to update the Corporate Debtor's Master Data with a compliance report due within seven days. en-us Fri, 25 Oct 2019 00:00:00 +0530 Mon, 30 Nov 2020 19:11:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291933 The court admitted the company petition under section 9 of the Insolvency & Bankruptcy Code, 2016, initiating the Corporate Insolvency Resolution Process against the Corporate Debtor. An Interim Resolution Professional was appointed, and a moratorium under section 14 of the IBC was declared. The management of the Corporate Debtor vested in the IRP/RP, and the Operational Creditor was directed to deposit a sum for expenses. The Registry was tasked with promptly communicating the order to relevant parties, and the Registrar of Companies was instructed to update the Corporate Debtor's Master Data with a compliance report due within seven days. Case-Laws Insolvency and Bankruptcy Fri, 25 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291933