https://www.taxtmi.com/caselaws?id=407235 The court admitted the application under Section 9 of the I&B Code, initiating the Corporate Insolvency Resolution Process against the Corporate Debtor due to default in payment of operational debt. The Operational Creditor successfully proved the debt and default, leading to the appointment of an Interim Resolution Professional and imposition of a moratorium under Section 14 of the Code. Essential supplies to the Corporate Debtor were to continue during the moratorium, with specified payment obligations for the Operational Creditor. en-us Wed, 21 Apr 2021 00:00:00 +0530 Tue, 04 May 2021 08:53:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=407235 The court admitted the application under Section 9 of the I&B Code, initiating the Corporate Insolvency Resolution Process against the Corporate Debtor due to default in payment of operational debt. The Operational Creditor successfully proved the debt and default, leading to the appointment of an Interim Resolution Professional and imposition of a moratorium under Section 14 of the Code. Essential supplies to the Corporate Debtor were to continue during the moratorium, with specified payment obligations for the Operational Creditor. Case-Laws Insolvency and Bankruptcy Wed, 21 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=407235