https://www.taxtmi.com/caselaws?id=408956 The National Company Law Tribunal, Jaipur Bench, admitted an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, for the initiation of Corporate Insolvency Resolution Process against a Corporate Debtor. The Respondent's liability towards the claimed amount was acknowledged, leading to the appointment of an Interim Resolution Professional (IRP) to oversee the process. The debt was found not time-barred, and all conditions under the Code were met. Consequently, the CIRP was initiated, with the IRP assuming control of the Corporate Debtor's affairs and a moratorium being invoked under Section 14 of the Code. en-us Thu, 17 Jun 2021 00:00:00 +0530 Fri, 20 Feb 2026 17:20:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408956 The National Company Law Tribunal, Jaipur Bench, admitted an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, for the initiation of Corporate Insolvency Resolution Process against a Corporate Debtor. The Respondent's liability towards the claimed amount was acknowledged, leading to the appointment of an Interim Resolution Professional (IRP) to oversee the process. The debt was found not time-barred, and all conditions under the Code were met. Consequently, the CIRP was initiated, with the IRP assuming control of the Corporate Debtor's affairs and a moratorium being invoked under Section 14 of the Code. Case-Laws Insolvency and Bankruptcy Thu, 17 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408956