https://www.taxtmi.com/caselaws?id=421493 The Tribunal admitted the Company Petition under section 9 of the Insolvency & Bankruptcy Code, 2016, finding default in payment by the Corporate Debtor. This led to the initiation of Corporate Insolvency Resolution Process (CIRP) and appointment of an Interim Resolution Professional. The Tribunal established jurisdiction based on the Corporate Debtor's details and location, addressing claims and counterclaims between the parties. A moratorium under section 14 of the IBC was imposed, ensuring the continuity of essential services during the CIRP period. en-us Mon, 11 Apr 2022 00:00:00 +0530 Tue, 26 Apr 2022 08:15:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421493 The Tribunal admitted the Company Petition under section 9 of the Insolvency & Bankruptcy Code, 2016, finding default in payment by the Corporate Debtor. This led to the initiation of Corporate Insolvency Resolution Process (CIRP) and appointment of an Interim Resolution Professional. The Tribunal established jurisdiction based on the Corporate Debtor's details and location, addressing claims and counterclaims between the parties. A moratorium under section 14 of the IBC was imposed, ensuring the continuity of essential services during the CIRP period. Case-Laws Insolvency and Bankruptcy Mon, 11 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421493