https://www.taxtmi.com/caselaws?id=408845 The State Bank of India filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016 against M/s. Vij Agro Exports Private Ltd. for defaulting on financial debt. Evidence of default was presented, leading to the appointment of an Interim Resolution Professional and the declaration of a moratorium. The Tribunal instructed the Interim Resolution Professional to manage the resolution process, including forming a Committee of Creditors and providing progress reports. The moratorium imposed various restrictions until the completion of the insolvency resolution process or liquidation decision. en-us Wed, 16 Jun 2021 00:00:00 +0530 Wed, 23 Jun 2021 10:12:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408845 The State Bank of India filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016 against M/s. Vij Agro Exports Private Ltd. for defaulting on financial debt. Evidence of default was presented, leading to the appointment of an Interim Resolution Professional and the declaration of a moratorium. The Tribunal instructed the Interim Resolution Professional to manage the resolution process, including forming a Committee of Creditors and providing progress reports. The moratorium imposed various restrictions until the completion of the insolvency resolution process or liquidation decision. Case-Laws Insolvency and Bankruptcy Wed, 16 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408845