https://www.taxtmi.com/caselaws?id=295854 The Tribunal confirmed territorial jurisdiction, appointed an Interim Resolution Professional, and acknowledged debt and default in a case involving forum shopping and a One-Time Settlement. Despite arguments for OTS and parallel proceedings, the Tribunal admitted the application under Section 7 of the Insolvency and Bankruptcy Code, declared a moratorium, and directed the IRP to initiate insolvency resolution proceedings. en-us Thu, 27 Sep 2018 00:00:00 +0530 Wed, 23 Jun 2021 10:09:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=295854 The Tribunal confirmed territorial jurisdiction, appointed an Interim Resolution Professional, and acknowledged debt and default in a case involving forum shopping and a One-Time Settlement. Despite arguments for OTS and parallel proceedings, the Tribunal admitted the application under Section 7 of the Insolvency and Bankruptcy Code, declared a moratorium, and directed the IRP to initiate insolvency resolution proceedings. Case-Laws Insolvency and Bankruptcy Thu, 27 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=295854