https://www.taxtmi.com/caselaws?id=300884 The tribunal admitted the Company Petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, against the Corporate Debtor for defaulting on repayment. The debt owed to the petitioner, including interest and penalties, led to the initiation of the Corporate Insolvency Resolution Process (CIRP). The tribunal dismissed the intervener application and appointed an Interim Resolution Professional, declaring a moratorium under Section 14 of the Code. The order directed essential supplies to continue to the Corporate Debtor and mandated the provision of necessary documents to the Interim Resolution Professional. en-us Tue, 09 Mar 2021 00:00:00 +0530 Tue, 01 Mar 2022 20:37:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=300884 The tribunal admitted the Company Petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, against the Corporate Debtor for defaulting on repayment. The debt owed to the petitioner, including interest and penalties, led to the initiation of the Corporate Insolvency Resolution Process (CIRP). The tribunal dismissed the intervener application and appointed an Interim Resolution Professional, declaring a moratorium under Section 14 of the Code. The order directed essential supplies to continue to the Corporate Debtor and mandated the provision of necessary documents to the Interim Resolution Professional. Case-Laws Insolvency and Bankruptcy Tue, 09 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=300884