https://www.taxtmi.com/caselaws?id=422944 The National Company Law Tribunal admitted the application under Section 7 of the Insolvency and Bankruptcy Code, 2016, filed by Omkara Assets Reconstruction Private Limited against M/s. K.S.N. Buildwell Private Limited for default in loan repayment. The Tribunal established jurisdiction, appointed an Interim Resolution Professional, and declared a moratorium under Section 14 of the Code. The Interim Resolution Professional was directed to manage the debtor's affairs, with obligations outlined, and communication of the order to relevant parties was mandated promptly. en-us Fri, 13 May 2022 00:00:00 +0530 Thu, 26 May 2022 08:42:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422944 The National Company Law Tribunal admitted the application under Section 7 of the Insolvency and Bankruptcy Code, 2016, filed by Omkara Assets Reconstruction Private Limited against M/s. K.S.N. Buildwell Private Limited for default in loan repayment. The Tribunal established jurisdiction, appointed an Interim Resolution Professional, and declared a moratorium under Section 14 of the Code. The Interim Resolution Professional was directed to manage the debtor's affairs, with obligations outlined, and communication of the order to relevant parties was mandated promptly. Case-Laws Insolvency and Bankruptcy Fri, 13 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422944