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    <description>The Tribunal admitted the petition under Section 7 of the I&amp;amp;B Code, declaring a moratorium as per Section 14 of the Code. An Interim Resolution Professional (IRP) was appointed, and necessary public announcements were directed. The Financial Creditor successfully established its claim and the existence of default, leading to the initiation of Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor. The application was disposed of with no order as to costs.</description>
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      <description>The Tribunal admitted the petition under Section 7 of the I&amp;amp;B Code, declaring a moratorium as per Section 14 of the Code. An Interim Resolution Professional (IRP) was appointed, and necessary public announcements were directed. The Financial Creditor successfully established its claim and the existence of default, leading to the initiation of Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor. The application was disposed of with no order as to costs.</description>
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