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    <title>2021 (4) TMI 300 - NATIONAL COMPANY LAW TRIBUNAL CUTTACK BENCH</title>
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    <description>The National Company Law Tribunal Cuttack Bench confirmed its jurisdiction to hear the application under Section 9 of the Insolvency and Bankruptcy Code, 2016, seeking initiation of Corporate Insolvency Resolution Process against the respondent. The Tribunal found the application was within the period of limitation and established the debt and default claims. Mr. Saradindu Jena was appointed as the Interim Resolution Professional. The Tribunal issued a comprehensive order admitting the application, initiating the Corporate Insolvency Resolution Process, imposing a moratorium order, and outlining the responsibilities of the parties involved for a structured resolution process.</description>
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      <description>The National Company Law Tribunal Cuttack Bench confirmed its jurisdiction to hear the application under Section 9 of the Insolvency and Bankruptcy Code, 2016, seeking initiation of Corporate Insolvency Resolution Process against the respondent. The Tribunal found the application was within the period of limitation and established the debt and default claims. Mr. Saradindu Jena was appointed as the Interim Resolution Professional. The Tribunal issued a comprehensive order admitting the application, initiating the Corporate Insolvency Resolution Process, imposing a moratorium order, and outlining the responsibilities of the parties involved for a structured resolution process.</description>
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