https://www.taxtmi.com/caselaws?id=423941 The Tribunal admitted the application under Section 7 of the Insolvency and Bankruptcy Code, 2016, filed by Remotebullion and Jewels Private Limited against MHG Land Stockist Private Limited for default in loan repayment. Jurisdiction was established based on the respondent's registered office location. Evidence of default was presented, leading to an ex-parte order. An Interim Resolution Professional was appointed, and the applicant was deemed a financial creditor meeting criteria for insolvency resolution. The application was admitted, a moratorium declared, and detailed directions provided for the resolution process, ensuring compliance with the Code. en-us Fri, 10 Jun 2022 00:00:00 +0530 Sat, 18 Jun 2022 09:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423941 The Tribunal admitted the application under Section 7 of the Insolvency and Bankruptcy Code, 2016, filed by Remotebullion and Jewels Private Limited against MHG Land Stockist Private Limited for default in loan repayment. Jurisdiction was established based on the respondent's registered office location. Evidence of default was presented, leading to an ex-parte order. An Interim Resolution Professional was appointed, and the applicant was deemed a financial creditor meeting criteria for insolvency resolution. The application was admitted, a moratorium declared, and detailed directions provided for the resolution process, ensuring compliance with the Code. Case-Laws Insolvency and Bankruptcy Fri, 10 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423941