https://www.taxtmi.com/caselaws?id=412772 The tribunal found the corporate debtor in default of payment to the operational creditor for e-advertisement services. Despite the debtor's claims of poor services and disputes, no substantial evidence was presented post-validation of data. An Insolvency Resolution Professional (IRP) was appointed, and funds were directed to be deposited for expenses. A moratorium was imposed on the debtor under Section 14 of IBC, prohibiting certain actions. The judgment detailed the disputes over services and invoices, ultimately leading to the initiation of Corporate Insolvency Resolution Process (CIRP) against the debtor. en-us Mon, 06 Sep 2021 00:00:00 +0530 Mon, 27 Sep 2021 07:55:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=412772 The tribunal found the corporate debtor in default of payment to the operational creditor for e-advertisement services. Despite the debtor's claims of poor services and disputes, no substantial evidence was presented post-validation of data. An Insolvency Resolution Professional (IRP) was appointed, and funds were directed to be deposited for expenses. A moratorium was imposed on the debtor under Section 14 of IBC, prohibiting certain actions. The judgment detailed the disputes over services and invoices, ultimately leading to the initiation of Corporate Insolvency Resolution Process (CIRP) against the debtor. Case-Laws Insolvency and Bankruptcy Mon, 06 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=412772