https://www.taxtmi.com/caselaws?id=419778 The Tribunal accepted the application under Section 9 of the Insolvency and Bankruptcy Code, 2016, for Corporate Insolvency Resolution Process initiation based on the admitted liability and default by the Corporate Debtor. The demand notice sent by the applicant was deemed valid despite being returned. The Tribunal ruled in favor of the applicant regarding the disputed amount owed by the Corporate Debtor. Mr. Anshuj Dhingra was appointed as the Interim Resolution Professional, with specific conditions and deposit requirements imposed on the applicant. A moratorium was declared under Section 14 of the Code, outlining restrictions and obligations for compliance. en-us Thu, 10 Mar 2022 00:00:00 +0530 Mon, 21 Mar 2022 08:13:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419778 The Tribunal accepted the application under Section 9 of the Insolvency and Bankruptcy Code, 2016, for Corporate Insolvency Resolution Process initiation based on the admitted liability and default by the Corporate Debtor. The demand notice sent by the applicant was deemed valid despite being returned. The Tribunal ruled in favor of the applicant regarding the disputed amount owed by the Corporate Debtor. Mr. Anshuj Dhingra was appointed as the Interim Resolution Professional, with specific conditions and deposit requirements imposed on the applicant. A moratorium was declared under Section 14 of the Code, outlining restrictions and obligations for compliance. Case-Laws Insolvency and Bankruptcy Thu, 10 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419778