https://www.taxtmi.com/caselaws?id=302575 The petition filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 against the Corporate Debtor was admitted by the Tribunal as the Corporate Debtor failed to respond to the demand notice, resulting in deemed admission of debts. An Interim Resolution Professional was appointed to manage the resolution process, and a moratorium was ordered under Section 13(1)(a) of the IB Code. The moratorium prohibits various actions against the Corporate Debtor and ensures uninterrupted essential goods and services supply. The order of moratorium will be in force until the completion of the Corporate Insolvency Resolution Process. en-us Thu, 26 Apr 2018 00:00:00 +0530 Mon, 06 Jun 2022 20:38:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=302575 The petition filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 against the Corporate Debtor was admitted by the Tribunal as the Corporate Debtor failed to respond to the demand notice, resulting in deemed admission of debts. An Interim Resolution Professional was appointed to manage the resolution process, and a moratorium was ordered under Section 13(1)(a) of the IB Code. The moratorium prohibits various actions against the Corporate Debtor and ensures uninterrupted essential goods and services supply. The order of moratorium will be in force until the completion of the Corporate Insolvency Resolution Process. Case-Laws Insolvency and Bankruptcy Thu, 26 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=302575