https://www.taxtmi.com/highlights?id=56996 Stay of CIRP - Its clear that debt and default are not disputed. The financial woes of the Appellant and the liquidity problems faced by it, whether forced upon it or of its own making, have no bearing on commencement of insolvency resolution and cannot be permitted to be a stumbling block in triggering of CIRP at the instance of Financial Creditor. - AT en-us Thu, 04 Mar 2021 12:31:17 +0530 Thu, 04 Mar 2021 12:31:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=56996 Stay of CIRP - Its clear that debt and default are not disputed. The financial woes of the Appellant and the liquidity problems faced by it, whether forced upon it or of its own making, have no bearing on commencement of insolvency resolution and cannot be permitted to be a stumbling block in triggering of CIRP at the instance of Financial Creditor. - AT Highlights Insolvency and Bankruptcy Thu, 04 Mar 2021 12:31:17 +0530 https://www.taxtmi.com/highlights?id=56996