https://www.taxtmi.com/caselaws?id=298811 The case initially filed in the High Court for winding up was transferred to the NCLT under the Transfer of Proceedings Rules, 2016. The NCLT admitted the petition under the Insolvency and Bankruptcy Code, 2016. The Operational Creditor claimed a debt against the Corporate Debtor, leading to the appointment of an IRP and initiation of the insolvency process. The NCLT enforced a moratorium under Section 14 of the Insolvency and Bankruptcy Code, 2016, to facilitate the resolution process and prevent legal proceedings against the Debtor until completion. en-us Thu, 17 May 2018 00:00:00 +0530 Sun, 21 Nov 2021 19:20:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=298811 The case initially filed in the High Court for winding up was transferred to the NCLT under the Transfer of Proceedings Rules, 2016. The NCLT admitted the petition under the Insolvency and Bankruptcy Code, 2016. The Operational Creditor claimed a debt against the Corporate Debtor, leading to the appointment of an IRP and initiation of the insolvency process. The NCLT enforced a moratorium under Section 14 of the Insolvency and Bankruptcy Code, 2016, to facilitate the resolution process and prevent legal proceedings against the Debtor until completion. Case-Laws Insolvency and Bankruptcy Thu, 17 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=298811