https://www.taxtmi.com/caselaws?id=411530 The Tribunal admitted the application under Section 7 of the Insolvency & Bankruptcy Code, 2016, against the Corporate Debtor, initiated the Corporate Insolvency Resolution Process, appointed an Interim Resolution Professional, and declared a moratorium under Section 14 of the IBC. The Financial Creditor's claim of financial debt was upheld, leading to the commencement of insolvency proceedings and protective measures for the Corporate Debtor's assets. en-us Thu, 12 Aug 2021 00:00:00 +0530 Fri, 27 Aug 2021 08:30:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411530 The Tribunal admitted the application under Section 7 of the Insolvency & Bankruptcy Code, 2016, against the Corporate Debtor, initiated the Corporate Insolvency Resolution Process, appointed an Interim Resolution Professional, and declared a moratorium under Section 14 of the IBC. The Financial Creditor's claim of financial debt was upheld, leading to the commencement of insolvency proceedings and protective measures for the Corporate Debtor's assets. Case-Laws Insolvency and Bankruptcy Thu, 12 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411530