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    <title>2019 (2) TMI 1883 - NATIONAL COMPANY LAW TRIBUNAL ALLAHABAD BENCH</title>
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    <description>The petition under Section 9 of the Insolvency and Bankruptcy Code seeking Corporate Insolvency Resolution Process against the Corporate Debtor was admitted. The Operational Creditor claimed an amount due of Rupees 4,27,960, with the Respondent admitting the claim. An Interim Resolution Professional was appointed, and a moratorium was ordered under Section 13(1)(a) of the Insolvency and Bankruptcy Code to protect the company. The Authority directed the IRP to initiate the Corporate Insolvency Resolution Process publicly and scheduled further proceedings.</description>
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