https://www.taxtmi.com/caselaws?id=414976 An operational creditor's section 9 application under the Insolvency and Bankruptcy Code, 2016 was found complete because unpaid supply debt and default were established, a section 8 demand notice had been served, and the corporate debtor raised no reply or dispute. With no appearance from the corporate debtor, the tribunal proceeded ex parte and applied the statutory consequences under sections 13, 14, 15, 17, 18, 19 and 20. The petition was admitted, the Corporate Insolvency Resolution Process was directed to commence, moratorium was declared, and an Interim Resolution Professional was appointed. en-us Wed, 27 Oct 2021 00:00:00 +0530 Tue, 23 Nov 2021 06:11:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=414976 An operational creditor's section 9 application under the Insolvency and Bankruptcy Code, 2016 was found complete because unpaid supply debt and default were established, a section 8 demand notice had been served, and the corporate debtor raised no reply or dispute. With no appearance from the corporate debtor, the tribunal proceeded ex parte and applied the statutory consequences under sections 13, 14, 15, 17, 18, 19 and 20. The petition was admitted, the Corporate Insolvency Resolution Process was directed to commence, moratorium was declared, and an Interim Resolution Professional was appointed. Case-Laws Insolvency and Bankruptcy Wed, 27 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=414976