https://www.taxtmi.com/caselaws?id=423983 The Tribunal admitted the application under Section 9 of the Insolvency and Bankruptcy Code, initiating Corporate Insolvency Resolution Process against the Corporate Debtor due to outstanding dues claimed by the Operational Creditor. Despite the Corporate Debtor's absence in the proceedings, an Interim Resolution Professional was appointed, and a moratorium was imposed under section 14 of the IBC. The judgment detailed the disputes over invoices and payments, leading to the decision for CIRP initiation and the issuance of various directions for the resolution process. en-us Fri, 20 May 2022 00:00:00 +0530 Sat, 18 Jun 2022 15:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423983 The Tribunal admitted the application under Section 9 of the Insolvency and Bankruptcy Code, initiating Corporate Insolvency Resolution Process against the Corporate Debtor due to outstanding dues claimed by the Operational Creditor. Despite the Corporate Debtor's absence in the proceedings, an Interim Resolution Professional was appointed, and a moratorium was imposed under section 14 of the IBC. The judgment detailed the disputes over invoices and payments, leading to the decision for CIRP initiation and the issuance of various directions for the resolution process. Case-Laws Insolvency and Bankruptcy Fri, 20 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423983