https://www.taxtmi.com/caselaws?id=401570 The court ruled in favor of the operational creditor, initiating Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor due to established debt and default. A moratorium was imposed under Section 14 of the Code to protect the Corporate Debtor, with an Insolvency Resolution Professional (IRP) appointed to oversee proceedings funded by the Operational Creditor. en-us Mon, 17 Aug 2020 00:00:00 +0530 Fri, 11 Dec 2020 12:33:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401570 The court ruled in favor of the operational creditor, initiating Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor due to established debt and default. A moratorium was imposed under Section 14 of the Code to protect the Corporate Debtor, with an Insolvency Resolution Professional (IRP) appointed to oversee proceedings funded by the Operational Creditor. Case-Laws Insolvency and Bankruptcy Mon, 17 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401570