https://www.taxtmi.com/caselaws?id=404971 The tribunal admitted the application under section 9 of the Insolvency and Bankruptcy Code, appointed an interim resolution professional (IRP), and initiated the corporate insolvency resolution process. This decision was based on the non-payment of operational debt by the corporate debtor and the valid service of the demand notice. A moratorium was declared to protect the interests of all parties involved, with the IRP tasked to manage the operations of the corporate debtor and ensure the continuation of supplies during this period. en-us Fri, 08 Jan 2021 00:00:00 +0530 Tue, 09 Mar 2021 08:47:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=404971 The tribunal admitted the application under section 9 of the Insolvency and Bankruptcy Code, appointed an interim resolution professional (IRP), and initiated the corporate insolvency resolution process. This decision was based on the non-payment of operational debt by the corporate debtor and the valid service of the demand notice. A moratorium was declared to protect the interests of all parties involved, with the IRP tasked to manage the operations of the corporate debtor and ensure the continuation of supplies during this period. Case-Laws Insolvency and Bankruptcy Fri, 08 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=404971