https://www.taxtmi.com/caselaws?id=298967 The application for initiation of Corporate Insolvency Resolution Process (CIRP) under Section 9 of the Insolvency and Bankruptcy Code, 2016 against the Corporate Debtor was admitted by the Tribunal. The Applicant's claim for overdue outstanding payment was upheld, leading to the appointment of an Interim Resolution Professional (IRP) and imposition of a moratorium on the Corporate Debtor's assets. The IRP was directed to make a public announcement, and communication of the order was mandated to the relevant parties and authorities for further proceedings. en-us Thu, 31 May 2018 00:00:00 +0530 Tue, 30 Nov 2021 08:29:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=298967 The application for initiation of Corporate Insolvency Resolution Process (CIRP) under Section 9 of the Insolvency and Bankruptcy Code, 2016 against the Corporate Debtor was admitted by the Tribunal. The Applicant's claim for overdue outstanding payment was upheld, leading to the appointment of an Interim Resolution Professional (IRP) and imposition of a moratorium on the Corporate Debtor's assets. The IRP was directed to make a public announcement, and communication of the order was mandated to the relevant parties and authorities for further proceedings. Case-Laws Insolvency and Bankruptcy Thu, 31 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=298967