https://www.taxtmi.com/caselaws?id=300247 The Tribunal admitted the Petition for initiating Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor, declared a moratorium, and appointed an Interim Resolution Professional. The judgment emphasized the independence of the loan transaction, the validity of the default, and the maintainability of the Petition despite involvement of multiple entities in providing financial assistance to the Corporate Debtor. en-us Fri, 25 Oct 2019 00:00:00 +0530 Wed, 19 Jan 2022 08:47:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=300247 The Tribunal admitted the Petition for initiating Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor, declared a moratorium, and appointed an Interim Resolution Professional. The judgment emphasized the independence of the loan transaction, the validity of the default, and the maintainability of the Petition despite involvement of multiple entities in providing financial assistance to the Corporate Debtor. Case-Laws Insolvency and Bankruptcy Fri, 25 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=300247