https://www.taxtmi.com/caselaws?id=408802 The Tribunal admitted the application under Section 7 of the Insolvency and Bankruptcy Code, 2016, filed by M/s. Shyamshree Traders (P.) Ltd. against M/s. Tuff Tubes (Orissa) Pvt. Ltd. due to default in repayment by the Corporate Debtor. A due amount of Rs. 1,40,49,015 along with interest was established, justifying the initiation of Corporate Insolvency Resolution Process. The Tribunal appointed Mr. Giridhari Lal Sharma as the Interim Resolution Professional, declared a moratorium, and directed convening a Committee of Creditors for a Resolution Plan within 105 days. en-us Wed, 09 Jun 2021 00:00:00 +0530 Tue, 22 Jun 2021 09:14:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408802 The Tribunal admitted the application under Section 7 of the Insolvency and Bankruptcy Code, 2016, filed by M/s. Shyamshree Traders (P.) Ltd. against M/s. Tuff Tubes (Orissa) Pvt. Ltd. due to default in repayment by the Corporate Debtor. A due amount of Rs. 1,40,49,015 along with interest was established, justifying the initiation of Corporate Insolvency Resolution Process. The Tribunal appointed Mr. Giridhari Lal Sharma as the Interim Resolution Professional, declared a moratorium, and directed convening a Committee of Creditors for a Resolution Plan within 105 days. Case-Laws Insolvency and Bankruptcy Wed, 09 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408802