https://www.taxtmi.com/caselaws?id=296971 The petition filed by an individual against a company for defaulting on payment of consulting services under Section 9 of the Insolvency and Bankruptcy Code, 2016 was admitted. Despite statutory demand notices and evidence presented, the Corporate Debtor did not respond, leading to the appointment of an Interim Resolution Professional. The judgment declared a moratorium, prohibited suits against the Corporate Debtor, ensured essential services continued, and appointed the Interim Resolution Professional to manage the resolution process effectively. en-us Mon, 08 Apr 2019 00:00:00 +0530 Tue, 18 Apr 2023 12:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=296971 The petition filed by an individual against a company for defaulting on payment of consulting services under Section 9 of the Insolvency and Bankruptcy Code, 2016 was admitted. Despite statutory demand notices and evidence presented, the Corporate Debtor did not respond, leading to the appointment of an Interim Resolution Professional. The judgment declared a moratorium, prohibited suits against the Corporate Debtor, ensured essential services continued, and appointed the Interim Resolution Professional to manage the resolution process effectively. Case-Laws Insolvency and Bankruptcy Mon, 08 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=296971