https://www.taxtmi.com/caselaws?id=292138 Financial debt and default were established through loan documents, security documents, a revival letter and charge documents showing credit facilities and non-payment by the corporate debtor. As the corporate debtor did not effectively dispute the borrowing, mortgage, asset classification as non-performing, or outstanding liability, the Tribunal found the section 7 requirements satisfied. The application was admitted, moratorium followed, and an interim resolution professional was appointed. en-us Wed, 18 Dec 2019 00:00:00 +0530 Tue, 08 Dec 2020 10:17:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=292138 Financial debt and default were established through loan documents, security documents, a revival letter and charge documents showing credit facilities and non-payment by the corporate debtor. As the corporate debtor did not effectively dispute the borrowing, mortgage, asset classification as non-performing, or outstanding liability, the Tribunal found the section 7 requirements satisfied. The application was admitted, moratorium followed, and an interim resolution professional was appointed. Case-Laws Insolvency and Bankruptcy Wed, 18 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=292138