https://www.taxtmi.com/caselaws?id=417204 The Tribunal admitted the application for corporate insolvency resolution process under Section 7 of the Insolvency and Bankruptcy Code 2016 against the Respondent for defaulting on a payment of Rs. 24,28,202. Despite fulfilling all conditions, the Respondent did not participate in the proceedings, resulting in an ex-parte order. The Tribunal imposed a moratorium under Section 14 of the Code, protecting the Respondent from various actions. Mr. Dinesh Chandra Aggrawal was appointed as the interim resolution professional to oversee the resolution process and submit a report within 30 days. en-us Thu, 06 Jan 2022 00:00:00 +0530 Tue, 18 Jan 2022 08:44:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417204 The Tribunal admitted the application for corporate insolvency resolution process under Section 7 of the Insolvency and Bankruptcy Code 2016 against the Respondent for defaulting on a payment of Rs. 24,28,202. Despite fulfilling all conditions, the Respondent did not participate in the proceedings, resulting in an ex-parte order. The Tribunal imposed a moratorium under Section 14 of the Code, protecting the Respondent from various actions. Mr. Dinesh Chandra Aggrawal was appointed as the interim resolution professional to oversee the resolution process and submit a report within 30 days. Case-Laws Insolvency and Bankruptcy Thu, 06 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417204