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    <title>2018 (5) TMI 2099 - NATIONAL COMPANY LAW TRIBUNAL NEW DELHI PRINCIPAL BENCH</title>
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    <description>The petition was admitted, and Corporate Insolvency Resolution Process (CIRP) was initiated against the corporate debtor. An Interim Resolution Professional (IRP) was appointed to manage the process, and a moratorium was declared to protect the corporate debtor&#039;s assets. The IRP is mandated to act with integrity, fairness, and independence, with all personnel connected to the corporate debtor legally obligated to assist the IRP. The order for initiation of CIRP and declaration of moratorium was to be communicated to all relevant parties promptly.</description>
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