https://www.taxtmi.com/caselaws?id=412449 The tribunal found that there was a clear existence of financial debt and default by the Corporate Debtor, meeting the requirements under Section 7 of the Insolvency & Bankruptcy Code. The petition was deemed maintainable, and the Corporate Insolvency Resolution Process was initiated. An Interim Resolution Professional was appointed to oversee the process as per the Code. en-us Tue, 03 Aug 2021 00:00:00 +0530 Sat, 18 Sep 2021 08:09:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=412449 The tribunal found that there was a clear existence of financial debt and default by the Corporate Debtor, meeting the requirements under Section 7 of the Insolvency & Bankruptcy Code. The petition was deemed maintainable, and the Corporate Insolvency Resolution Process was initiated. An Interim Resolution Professional was appointed to oversee the process as per the Code. Case-Laws Insolvency and Bankruptcy Tue, 03 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=412449