https://www.taxtmi.com/caselaws?id=401261 The Tribunal admitted the application for the initiation of Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor. Mr. K. Easwara Pillai was appointed as the Interim Resolution Professional (IRP). The Moratorium under Section 14 of the Insolvency and Bankruptcy Code was imposed, prohibiting legal actions and asset transfers. The IRP was tasked with public announcements and fulfilling duties under the Code. The CIRP commencement was effective immediately, with orders communicated to relevant parties to safeguard stakeholder interests. en-us Fri, 20 Nov 2020 00:00:00 +0530 Thu, 03 Dec 2020 10:49:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401261 The Tribunal admitted the application for the initiation of Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor. Mr. K. Easwara Pillai was appointed as the Interim Resolution Professional (IRP). The Moratorium under Section 14 of the Insolvency and Bankruptcy Code was imposed, prohibiting legal actions and asset transfers. The IRP was tasked with public announcements and fulfilling duties under the Code. The CIRP commencement was effective immediately, with orders communicated to relevant parties to safeguard stakeholder interests. Case-Laws Insolvency and Bankruptcy Fri, 20 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401261