https://www.taxtmi.com/caselaws?id=405893 The National Company Law Tribunal, Kolkata Bench admitted a petition under Section 9 of the Insolvency & Bankruptcy Code, 2016, filed by an Operational Creditor against a Corporate Debtor for non-payment of outstanding bills. The Tribunal declared a moratorium, appointed an Interim Resolution Professional, and initiated the resolution process. The Corporate Debtor's failure to respond to the demand notice or dispute the debt led to the admission of the petition, with the Tribunal directing further actions for the resolution of the insolvency matter. en-us Wed, 24 Mar 2021 00:00:00 +0530 Thu, 01 Apr 2021 08:45:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405893 The National Company Law Tribunal, Kolkata Bench admitted a petition under Section 9 of the Insolvency & Bankruptcy Code, 2016, filed by an Operational Creditor against a Corporate Debtor for non-payment of outstanding bills. The Tribunal declared a moratorium, appointed an Interim Resolution Professional, and initiated the resolution process. The Corporate Debtor's failure to respond to the demand notice or dispute the debt led to the admission of the petition, with the Tribunal directing further actions for the resolution of the insolvency matter. Case-Laws Insolvency and Bankruptcy Wed, 24 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405893