https://www.taxtmi.com/caselaws?id=408290 The Tribunal admitted the petition under Section 7 of the Insolvency and Bankruptcy Code, declaring a moratorium and appointing an Interim Resolution Professional. The Corporate Debtor was directed to repay the financial debt of Rs. 12,41,50,950.96, including the principal loan amount and compound interest. The petition was deemed maintainable, and the allegations raised by the Corporate Debtor were dismissed. en-us Wed, 17 Mar 2021 00:00:00 +0530 Mon, 07 Jun 2021 08:35:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408290 The Tribunal admitted the petition under Section 7 of the Insolvency and Bankruptcy Code, declaring a moratorium and appointing an Interim Resolution Professional. The Corporate Debtor was directed to repay the financial debt of Rs. 12,41,50,950.96, including the principal loan amount and compound interest. The petition was deemed maintainable, and the allegations raised by the Corporate Debtor were dismissed. Case-Laws Insolvency and Bankruptcy Wed, 17 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408290