https://www.taxtmi.com/caselaws?id=405892 The Tribunal acknowledged identical claims by Operational Creditors against the Corporate Debtor and initiated Corporate Insolvency Resolution Process (CIRP) under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Tribunal verified compliance with Section 9(3) requirements, declared a moratorium under Section 14, and appointed an Interim Resolution Professional. The applications for CIRP were admitted, and an IRP was appointed to oversee the proceedings, with Operational Creditors directed to deposit funds for initiation. The order was dated 23rd March 2021. en-us Tue, 23 Mar 2021 00:00:00 +0530 Thu, 01 Apr 2021 08:45:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405892 The Tribunal acknowledged identical claims by Operational Creditors against the Corporate Debtor and initiated Corporate Insolvency Resolution Process (CIRP) under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Tribunal verified compliance with Section 9(3) requirements, declared a moratorium under Section 14, and appointed an Interim Resolution Professional. The applications for CIRP were admitted, and an IRP was appointed to oversee the proceedings, with Operational Creditors directed to deposit funds for initiation. The order was dated 23rd March 2021. Case-Laws Insolvency and Bankruptcy Tue, 23 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405892