https://www.taxtmi.com/caselaws?id=423938 The Tribunal found the liability of the corporate debtor to be undisputed, admitted the petition for initiation of the Corporate Insolvency Resolution Process, declared a moratorium, appointed an Interim Resolution Professional, and issued specific directions regarding the management of the affairs of the Corporate Debtor during the process. The petitioner was directed to deposit a certain amount with the Interim Resolution Professional for immediate expenses related to the Corporate Insolvency Resolution Process. The Tribunal ensured communication of the order to both parties and directed the petitioner to provide a copy to the Interim Resolution Professional promptly. en-us Wed, 25 May 2022 00:00:00 +0530 Sat, 18 Jun 2022 09:02:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423938 The Tribunal found the liability of the corporate debtor to be undisputed, admitted the petition for initiation of the Corporate Insolvency Resolution Process, declared a moratorium, appointed an Interim Resolution Professional, and issued specific directions regarding the management of the affairs of the Corporate Debtor during the process. The petitioner was directed to deposit a certain amount with the Interim Resolution Professional for immediate expenses related to the Corporate Insolvency Resolution Process. The Tribunal ensured communication of the order to both parties and directed the petitioner to provide a copy to the Interim Resolution Professional promptly. Case-Laws Insolvency and Bankruptcy Wed, 25 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423938