https://www.taxtmi.com/caselaws?id=297098 An application under Section 7 of the Insolvency and Bankruptcy Code is admitted where debt and default are established and the statutory filing requirements are satisfied. The text notes that notice was served on the corporate debtor, which did not appear and was proceeded ex parte, and that the proposed insolvency resolution professional was named with no pending disciplinary proceeding against him. On those facts, the tribunal admitted the application and directed commencement of the Corporate Insolvency Resolution Process. en-us Fri, 08 Mar 2019 00:00:00 +0530 Thu, 19 Aug 2021 09:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=297098 An application under Section 7 of the Insolvency and Bankruptcy Code is admitted where debt and default are established and the statutory filing requirements are satisfied. The text notes that notice was served on the corporate debtor, which did not appear and was proceeded ex parte, and that the proposed insolvency resolution professional was named with no pending disciplinary proceeding against him. On those facts, the tribunal admitted the application and directed commencement of the Corporate Insolvency Resolution Process. Case-Laws Insolvency and Bankruptcy Fri, 08 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=297098