https://www.taxtmi.com/caselaws?id=295299 The Tribunal admitted the petition on 28.05.2020, finding it complete for the initiation of Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor for unpaid Operational Debt. The Tribunal appointed an Interim Resolution Professional (IRP) and declared a moratorium, prohibiting legal actions against the Debtor's assets until the completion of the CIRP. The IRP was instructed to comply with relevant provisions of the Insolvency and Bankruptcy Code. en-us Thu, 28 May 2020 00:00:00 +0530 Fri, 28 May 2021 08:37:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=295299 The Tribunal admitted the petition on 28.05.2020, finding it complete for the initiation of Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor for unpaid Operational Debt. The Tribunal appointed an Interim Resolution Professional (IRP) and declared a moratorium, prohibiting legal actions against the Debtor's assets until the completion of the CIRP. The IRP was instructed to comply with relevant provisions of the Insolvency and Bankruptcy Code. Case-Laws Insolvency and Bankruptcy Thu, 28 May 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=295299