https://www.taxtmi.com/caselaws?id=421497 The Tribunal admitted the Company Petition filed by Bank of India against the Corporate Debtor for non-payment of dues. The Financial Creditor provided evidence of default, leading to the determination of debt default and fulfillment of requirements for admission under the Insolvency and Bankruptcy Code. The Tribunal appointed an Interim Resolution Professional, initiated the Corporate Insolvency Resolution Process, imposed a moratorium, and directed compliance with the Code to manage the resolution process effectively. en-us Mon, 11 Apr 2022 00:00:00 +0530 Tue, 26 Apr 2022 08:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421497 The Tribunal admitted the Company Petition filed by Bank of India against the Corporate Debtor for non-payment of dues. The Financial Creditor provided evidence of default, leading to the determination of debt default and fulfillment of requirements for admission under the Insolvency and Bankruptcy Code. The Tribunal appointed an Interim Resolution Professional, initiated the Corporate Insolvency Resolution Process, imposed a moratorium, and directed compliance with the Code to manage the resolution process effectively. Case-Laws Insolvency and Bankruptcy Mon, 11 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421497