https://www.taxtmi.com/caselaws?id=296602 The National Company Law Tribunal, Amaravathi Bench, admitted the Company Petition ex-parte, initiating the Corporate Insolvency Resolution Process against the Respondent for defaulting on an operational debt. An Interim Resolution Professional was appointed to manage the Respondent's affairs, and a moratorium was declared under Section 14 of the Insolvency and Bankruptcy Code, 2016. The Directors, Promoters, and related individuals were instructed to cooperate with the IRP. Compliance with the order was mandated for further proceedings. en-us Mon, 09 Sep 2019 00:00:00 +0530 Fri, 30 Jul 2021 09:07:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=296602 The National Company Law Tribunal, Amaravathi Bench, admitted the Company Petition ex-parte, initiating the Corporate Insolvency Resolution Process against the Respondent for defaulting on an operational debt. An Interim Resolution Professional was appointed to manage the Respondent's affairs, and a moratorium was declared under Section 14 of the Insolvency and Bankruptcy Code, 2016. The Directors, Promoters, and related individuals were instructed to cooperate with the IRP. Compliance with the order was mandated for further proceedings. Case-Laws Insolvency and Bankruptcy Mon, 09 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=296602