https://www.taxtmi.com/caselaws?id=415169 The Hon'ble NCLAT ordered the revival of the Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor due to the breach of settlement terms and default on post-dated cheques. The Adjudicating Authority directed the Interim Resolution Professional to resume duties, effectively restoring the CIRP process. The Financial Creditor was granted relief, and instructions were given to communicate the order to relevant parties and update the Corporate Debtor's status. The official revival of the CIRP against the Corporate Debtor was pronounced via video conferencing. en-us Tue, 23 Nov 2021 00:00:00 +0530 Mon, 29 Nov 2021 08:58:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415169 The Hon'ble NCLAT ordered the revival of the Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor due to the breach of settlement terms and default on post-dated cheques. The Adjudicating Authority directed the Interim Resolution Professional to resume duties, effectively restoring the CIRP process. The Financial Creditor was granted relief, and instructions were given to communicate the order to relevant parties and update the Corporate Debtor's status. The official revival of the CIRP against the Corporate Debtor was pronounced via video conferencing. Case-Laws Insolvency and Bankruptcy Tue, 23 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415169