https://www.taxtmi.com/caselaws?id=298461 The tribunal found that all conditions for invoking Section 7 of the Insolvency and Bankruptcy Code, 2016 were fulfilled. The application was admitted, and the corporate insolvency resolution process was ordered to commence. Mr. Ravi Sankar Devarakonda was appointed as the Interim Resolution Professional (IRP), and a moratorium was declared as per Section 14 of the Code. The tribunal directed the IRP to take charge of the corporate debtor's management and comply with the necessary provisions of the Code. en-us Thu, 07 Nov 2019 00:00:00 +0530 Wed, 03 Nov 2021 02:01:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=298461 The tribunal found that all conditions for invoking Section 7 of the Insolvency and Bankruptcy Code, 2016 were fulfilled. The application was admitted, and the corporate insolvency resolution process was ordered to commence. Mr. Ravi Sankar Devarakonda was appointed as the Interim Resolution Professional (IRP), and a moratorium was declared as per Section 14 of the Code. The tribunal directed the IRP to take charge of the corporate debtor's management and comply with the necessary provisions of the Code. Case-Laws Insolvency and Bankruptcy Thu, 07 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=298461