https://www.taxtmi.com/caselaws?id=408127 The National Company Law Tribunal, Ahmedabad Bench, admitted the insolvency application under Section 9 of the Insolvency and Bankruptcy Code, 2016, filed by an Operational Creditor against a Corporate Debtor for non-payment of dues. The Adjudicating Authority appointed an Interim Insolvency Resolution Professional, declared a moratorium under Section 14 of the Code, and directed the IRP to manage the insolvency process. The moratorium would remain until the resolution plan is approved or liquidation is ordered, ensuring compliance with the Code and protecting the interests of all parties involved. en-us Mon, 05 Apr 2021 00:00:00 +0530 Tue, 01 Jun 2021 12:51:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408127 The National Company Law Tribunal, Ahmedabad Bench, admitted the insolvency application under Section 9 of the Insolvency and Bankruptcy Code, 2016, filed by an Operational Creditor against a Corporate Debtor for non-payment of dues. The Adjudicating Authority appointed an Interim Insolvency Resolution Professional, declared a moratorium under Section 14 of the Code, and directed the IRP to manage the insolvency process. The moratorium would remain until the resolution plan is approved or liquidation is ordered, ensuring compliance with the Code and protecting the interests of all parties involved. Case-Laws Insolvency and Bankruptcy Mon, 05 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408127