https://www.taxtmi.com/caselaws?id=292952 The Tribunal granted the application under section 9 of the Insolvency and Bankruptcy Code, 2016, filed by a partnership firm against a private limited company for non-payment of an outstanding amount for materials supplied. The Corporate Debtor's claim of debt assignment lacked merit as evidence of the Applicant's involvement was not provided. Jurisdiction was established, and an Interim Resolution Professional was appointed, initiating the insolvency resolution process with a moratorium period in place. en-us Wed, 26 Feb 2020 00:00:00 +0530 Thu, 14 Jan 2021 21:13:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=292952 The Tribunal granted the application under section 9 of the Insolvency and Bankruptcy Code, 2016, filed by a partnership firm against a private limited company for non-payment of an outstanding amount for materials supplied. The Corporate Debtor's claim of debt assignment lacked merit as evidence of the Applicant's involvement was not provided. Jurisdiction was established, and an Interim Resolution Professional was appointed, initiating the insolvency resolution process with a moratorium period in place. Case-Laws Insolvency and Bankruptcy Wed, 26 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=292952