https://www.taxtmi.com/caselaws?id=293932 The Tribunal admitted the Petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, due to the undisputed operational debt and default by the Corporate Debtor. A moratorium was declared, appointing an Interim Resolution Professional to manage the Corporate Insolvency Resolution Process. The Tribunal issued directions to ensure the supply of essential goods and services to the Corporate Debtor during the moratorium period. Fair proceedings and adherence to the Insolvency and Bankruptcy Code provisions were emphasized in protecting the interests of the Operational Creditor. en-us Thu, 09 Jan 2020 00:00:00 +0530 Wed, 10 Mar 2021 08:28:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=293932 The Tribunal admitted the Petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, due to the undisputed operational debt and default by the Corporate Debtor. A moratorium was declared, appointing an Interim Resolution Professional to manage the Corporate Insolvency Resolution Process. The Tribunal issued directions to ensure the supply of essential goods and services to the Corporate Debtor during the moratorium period. Fair proceedings and adherence to the Insolvency and Bankruptcy Code provisions were emphasized in protecting the interests of the Operational Creditor. Case-Laws Insolvency and Bankruptcy Thu, 09 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=293932