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    <title>2020 (1) TMI 1440 - NATIONAL COMPANY LAW TRIBUNAL, NEW DELHI BENCH</title>
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    <description>The Tribunal admitted the application under section 9 of the Insolvency and Bankruptcy Code, 2016, filed by a recognized stock exchange against a healthcare consulting listed company for defaulting on the Annual Listing Fee. The Tribunal established the default, appointed an Insolvency Resolution Professional, directed a deposit of Rs. 2 lakhs for expenses, and imposed a moratorium under Section 14 of the Code to protect the Corporate Debtor during the insolvency resolution process.</description>
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      <description>The Tribunal admitted the application under section 9 of the Insolvency and Bankruptcy Code, 2016, filed by a recognized stock exchange against a healthcare consulting listed company for defaulting on the Annual Listing Fee. The Tribunal established the default, appointed an Insolvency Resolution Professional, directed a deposit of Rs. 2 lakhs for expenses, and imposed a moratorium under Section 14 of the Code to protect the Corporate Debtor during the insolvency resolution process.</description>
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