https://www.taxtmi.com/caselaws?id=416551 The Tribunal admitted the application under section 9(5) of the Insolvency and Bankruptcy Code, 2016, finding the Applicant's claim of non-payment of dues against the Corporate Debtor uncontroverted. An Interim Resolution Professional (IRP) was appointed, and Operational Creditors were directed to deposit a sum of Rs. 2 lakhs with the IRP. The admission triggered a moratorium under Section 14(1) of the IBC, 2016. The Registry was instructed to communicate the order to relevant parties, including the Applicant, Corporate Debtor, IRP, Insolvency and Bankruptcy Board of India (IBBI), and Registrar of Companies (ROC). en-us Tue, 21 Dec 2021 00:00:00 +0530 Sat, 01 Jan 2022 08:55:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416551 The Tribunal admitted the application under section 9(5) of the Insolvency and Bankruptcy Code, 2016, finding the Applicant's claim of non-payment of dues against the Corporate Debtor uncontroverted. An Interim Resolution Professional (IRP) was appointed, and Operational Creditors were directed to deposit a sum of Rs. 2 lakhs with the IRP. The admission triggered a moratorium under Section 14(1) of the IBC, 2016. The Registry was instructed to communicate the order to relevant parties, including the Applicant, Corporate Debtor, IRP, Insolvency and Bankruptcy Board of India (IBBI), and Registrar of Companies (ROC). Case-Laws Insolvency and Bankruptcy Tue, 21 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416551