https://www.taxtmi.com/caselaws?id=407662 The Tribunal admitted the Company Petition and initiated the Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor. An Interim Resolution Professional (IRP) was appointed, and a moratorium was declared on certain actions against the Corporate Debtor. The IRP was directed to comply with the provisions of the IBC, 2016, and report progress to the Tribunal. The Board of Directors and staff of the Corporate Debtor were instructed to cooperate with the IRP, with the case scheduled for the IRP's report on 28th May, 2021. en-us Mon, 26 Apr 2021 00:00:00 +0530 Tue, 18 May 2021 08:30:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=407662 The Tribunal admitted the Company Petition and initiated the Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor. An Interim Resolution Professional (IRP) was appointed, and a moratorium was declared on certain actions against the Corporate Debtor. The IRP was directed to comply with the provisions of the IBC, 2016, and report progress to the Tribunal. The Board of Directors and staff of the Corporate Debtor were instructed to cooperate with the IRP, with the case scheduled for the IRP's report on 28th May, 2021. Case-Laws Insolvency and Bankruptcy Mon, 26 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=407662