https://www.taxtmi.com/caselaws?id=414339 The Tribunal found the application under Section 7 of the Insolvency and Bankruptcy Code maintainable as the Financial Creditor had a creditor-debtor relationship with the Corporate Debtor, who had assumed liabilities of the principal borrower. The Tribunal initiated Corporate Insolvency Resolution Process against the Corporate Debtor, appointed an Interim Resolution Professional, imposed a moratorium, and dismissed the Corporate Debtor's arbitration request. en-us Wed, 06 Oct 2021 00:00:00 +0530 Tue, 02 Nov 2021 18:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=414339 The Tribunal found the application under Section 7 of the Insolvency and Bankruptcy Code maintainable as the Financial Creditor had a creditor-debtor relationship with the Corporate Debtor, who had assumed liabilities of the principal borrower. The Tribunal initiated Corporate Insolvency Resolution Process against the Corporate Debtor, appointed an Interim Resolution Professional, imposed a moratorium, and dismissed the Corporate Debtor's arbitration request. Case-Laws Insolvency and Bankruptcy Wed, 06 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=414339