https://www.taxtmi.com/caselaws?id=299797 The National Company Law Tribunal, New Delhi, admitted an Application under Section 7 of the Insolvency and Bankruptcy Code, 2016, filed by a Financial Creditor against CMYK Printech Limited for default in returning share application money. The Tribunal ordered the commencement of Corporate Insolvency Resolution Process (CIRP) within 180 days, declaring a moratorium to protect the Corporate Debtor from various actions. Mr. Ranjeet Kumar Verma was appointed as the Interim Resolution Professional (IRP) to manage the Corporate Debtor's affairs and oversee the submission of creditor claims. The Order outlined specific compliance requirements and communication obligations for all parties involved. en-us Tue, 19 Jan 2021 00:00:00 +0530 Thu, 30 Dec 2021 08:30:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=299797 The National Company Law Tribunal, New Delhi, admitted an Application under Section 7 of the Insolvency and Bankruptcy Code, 2016, filed by a Financial Creditor against CMYK Printech Limited for default in returning share application money. The Tribunal ordered the commencement of Corporate Insolvency Resolution Process (CIRP) within 180 days, declaring a moratorium to protect the Corporate Debtor from various actions. Mr. Ranjeet Kumar Verma was appointed as the Interim Resolution Professional (IRP) to manage the Corporate Debtor's affairs and oversee the submission of creditor claims. The Order outlined specific compliance requirements and communication obligations for all parties involved. Case-Laws Insolvency and Bankruptcy Tue, 19 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=299797