https://www.taxtmi.com/caselaws?id=402917 The Tribunal admitted the financial creditor's application under Section 7 of the Insolvency and Bankruptcy Code, 2016, due to the corporate debtor's default in repaying outstanding dues. Despite multiple notices and lack of substantial defense from the debtor, the Tribunal appointed an interim resolution professional and imposed a moratorium, initiating the corporate insolvency resolution process to address the debtor's financial obligations. en-us Fri, 04 Dec 2020 00:00:00 +0530 Sat, 30 Jan 2021 18:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402917 The Tribunal admitted the financial creditor's application under Section 7 of the Insolvency and Bankruptcy Code, 2016, due to the corporate debtor's default in repaying outstanding dues. Despite multiple notices and lack of substantial defense from the debtor, the Tribunal appointed an interim resolution professional and imposed a moratorium, initiating the corporate insolvency resolution process to address the debtor's financial obligations. Case-Laws Insolvency and Bankruptcy Fri, 04 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402917