https://www.taxtmi.com/caselaws?id=417105 The tribunal admitted the petition under Section 9 of the Insolvency and Bankruptcy Code, initiating Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor. A moratorium was declared, an Interim Resolution Professional (IRP) appointed, and specific directions were given for the CIRP process. The tribunal found the evidence presented by the Operational Creditor sufficient to establish the debt and default, leading to the admission of the petition and commencement of the insolvency proceedings. en-us Fri, 07 Jan 2022 00:00:00 +0530 Sat, 15 Jan 2022 11:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417105 The tribunal admitted the petition under Section 9 of the Insolvency and Bankruptcy Code, initiating Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor. A moratorium was declared, an Interim Resolution Professional (IRP) appointed, and specific directions were given for the CIRP process. The tribunal found the evidence presented by the Operational Creditor sufficient to establish the debt and default, leading to the admission of the petition and commencement of the insolvency proceedings. Case-Laws Insolvency and Bankruptcy Fri, 07 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417105