https://www.taxtmi.com/caselaws?id=414128 The Tribunal admitted the Company Petition, initiated Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor, and appointed an Interim Resolution Professional. This decision was based on establishing debt and default, compliance with statutory requirements, and lack of valid grounds for rejection. The Tribunal's detailed analysis considered submissions, evidence, and contentions of both parties, leading to specific directions for the CIRP proceedings. en-us Thu, 07 Oct 2021 00:00:00 +0530 Fri, 29 Oct 2021 04:49:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=414128 The Tribunal admitted the Company Petition, initiated Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor, and appointed an Interim Resolution Professional. This decision was based on establishing debt and default, compliance with statutory requirements, and lack of valid grounds for rejection. The Tribunal's detailed analysis considered submissions, evidence, and contentions of both parties, leading to specific directions for the CIRP proceedings. Case-Laws Insolvency and Bankruptcy Thu, 07 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=414128