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    <title>2022 (2) TMI 95 - NATIONAL COMPANY LAW TRIBUNAL , CHANDIGARH BENCH</title>
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    <description>The National Company Law Tribunal, Chandigarh Bench, found that the demand notice was properly served, the operational debt was not disputed beyond the principal amount, the petition was timely filed, the petition was admitted for the initiation of the Corporate Insolvency Resolution Process, a moratorium was declared and implemented, an Interim Resolution Professional was appointed with specific directions, and funds were deposited for CIRP expenses. The Tribunal&#039;s judgment addressed these key issues in the case.</description>
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      <description>The National Company Law Tribunal, Chandigarh Bench, found that the demand notice was properly served, the operational debt was not disputed beyond the principal amount, the petition was timely filed, the petition was admitted for the initiation of the Corporate Insolvency Resolution Process, a moratorium was declared and implemented, an Interim Resolution Professional was appointed with specific directions, and funds were deposited for CIRP expenses. The Tribunal&#039;s judgment addressed these key issues in the case.</description>
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