https://www.taxtmi.com/caselaws?id=408455 The Tribunal admitted the application under section 9 of the Insolvency and Bankruptcy Code, 2016, filed by a private limited company against a limited company involved in TV broadcasting services for non-payment issues. A settlement agreement was reached but breached by the Corporate Debtor, leading to the revival of the application. The Tribunal appointed an Insolvency Resolution Professional and imposed a moratorium under Section 14(1) of the IBC, prohibiting actions against the Corporate Debtor. Compliance reports were ordered to be submitted, addressing the outstanding payment dispute and insolvency resolution process. en-us Thu, 03 Jun 2021 00:00:00 +0530 Fri, 11 Jun 2021 08:48:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408455 The Tribunal admitted the application under section 9 of the Insolvency and Bankruptcy Code, 2016, filed by a private limited company against a limited company involved in TV broadcasting services for non-payment issues. A settlement agreement was reached but breached by the Corporate Debtor, leading to the revival of the application. The Tribunal appointed an Insolvency Resolution Professional and imposed a moratorium under Section 14(1) of the IBC, prohibiting actions against the Corporate Debtor. Compliance reports were ordered to be submitted, addressing the outstanding payment dispute and insolvency resolution process. Case-Laws Insolvency and Bankruptcy Thu, 03 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408455