https://www.taxtmi.com/caselaws?id=295514 The Tribunal admitted the petitions and ordered the commencement of the Corporate Insolvency Resolution Process (CIRP) against both the Corporate Debtor and the Corporate Guarantor. An Interim Resolution Professional (IRP) was appointed, and a moratorium was declared to facilitate the resolution process. The applications were disposed of with directions to protect the Financial Creditor's interests and ensure compliance with the Insolvency and Bankruptcy Code, 2016. en-us Fri, 22 Jun 2018 00:00:00 +0530 Tue, 08 Jun 2021 09:09:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=295514 The Tribunal admitted the petitions and ordered the commencement of the Corporate Insolvency Resolution Process (CIRP) against both the Corporate Debtor and the Corporate Guarantor. An Interim Resolution Professional (IRP) was appointed, and a moratorium was declared to facilitate the resolution process. The applications were disposed of with directions to protect the Financial Creditor's interests and ensure compliance with the Insolvency and Bankruptcy Code, 2016. Case-Laws Insolvency and Bankruptcy Fri, 22 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=295514