https://www.taxtmi.com/caselaws?id=403343 The Tribunal held that the application was maintainable and not time-barred. It found the applicants to be Financial Creditors with a financial debt. Consequently, the application was admitted, and the Corporate Insolvency Resolution Process (CIRP) was initiated against the Corporate Debtor. An Interim Resolution Professional (IRP) was appointed, and a moratorium was ordered under Section 14 of the Insolvency and Bankruptcy Code. The Corporate Debtor was directed to cooperate with the IRP and provide required documentation. en-us Fri, 09 Oct 2020 00:00:00 +0530 Wed, 27 Jan 2021 10:13:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403343 The Tribunal held that the application was maintainable and not time-barred. It found the applicants to be Financial Creditors with a financial debt. Consequently, the application was admitted, and the Corporate Insolvency Resolution Process (CIRP) was initiated against the Corporate Debtor. An Interim Resolution Professional (IRP) was appointed, and a moratorium was ordered under Section 14 of the Insolvency and Bankruptcy Code. The Corporate Debtor was directed to cooperate with the IRP and provide required documentation. Case-Laws Insolvency and Bankruptcy Fri, 09 Oct 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403343