https://www.taxtmi.com/caselaws?id=297006 The Company Petition filed by Vijisan Exports Pvt. Ltd. against Ciemme Jewels Limited for defaulting on a payment resulted in the initiation of the Corporate Insolvency Resolution Process. The Tribunal admitted the Petition, appointed an Interim Resolution Professional, declared a Moratorium with specific directions, and mandated a public announcement of the resolution process. The Corporate Debtor's financial difficulties and failure to dispute the outstanding payment led to the formal commencement of the resolution process. en-us Wed, 18 Apr 2018 00:00:00 +0530 Sun, 15 Aug 2021 14:25:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=297006 The Company Petition filed by Vijisan Exports Pvt. Ltd. against Ciemme Jewels Limited for defaulting on a payment resulted in the initiation of the Corporate Insolvency Resolution Process. The Tribunal admitted the Petition, appointed an Interim Resolution Professional, declared a Moratorium with specific directions, and mandated a public announcement of the resolution process. The Corporate Debtor's financial difficulties and failure to dispute the outstanding payment led to the formal commencement of the resolution process. Case-Laws Insolvency and Bankruptcy Wed, 18 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=297006