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    <title>2020 (12) TMI 366 - NATIONAL COMPANY LAW TRIBUNAL, CHANDIGARH BENCH</title>
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    <description>The tribunal admitted the petition for initiating Corporate Insolvency Resolution Process (CIRP) against the corporate debtor, declared a moratorium under Section 14 of the Insolvency and Bankruptcy Code, and appointed Mr. Jugraj Singh Bedi as the Interim Resolution Professional (IRP). The tribunal found that the demand notice was properly served, the operational debt was not disputed, and all statutory requirements were met. The IRP was directed to manage the affairs of the corporate debtor and ensure compliance with the Code and relevant regulations.</description>
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