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    <title>2020 (12) TMI 1252 - NATIONAL COMPANY LAW TRIBUNAL AHMEDABAD BENCH</title>
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    <description>The court admitted the petition under Section 7 of the Insolvency and Bankruptcy Code, appointing an Interim Insolvency Resolution Professional and declaring a moratorium. The court found in favor of the Applicant Bank regarding the initiation of the Corporate Insolvency Resolution Process, disputes over the default date, authority of the bank officer, claims of limitation, and the consideration of additional affidavits. The moratorium was imposed until the completion of the Corporate Insolvency Resolution Process.</description>
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      <description>The court admitted the petition under Section 7 of the Insolvency and Bankruptcy Code, appointing an Interim Insolvency Resolution Professional and declaring a moratorium. The court found in favor of the Applicant Bank regarding the initiation of the Corporate Insolvency Resolution Process, disputes over the default date, authority of the bank officer, claims of limitation, and the consideration of additional affidavits. The moratorium was imposed until the completion of the Corporate Insolvency Resolution Process.</description>
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