https://www.taxtmi.com/caselaws?id=424204 The Tribunal admitted the petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, against the Corporate Debtor for non-payment of dues, imposing a moratorium under Section 14. An Interim Resolution Professional was appointed to manage the Corporate Insolvency Resolution Process, with specific responsibilities outlined. Financial provisions were made for expenses, and compliance measures were established, emphasizing communication and reporting requirements. The Tribunal's decision aimed to facilitate the resolution process by ensuring proper management and adherence to legal procedures. en-us Fri, 10 Jun 2022 00:00:00 +0530 Fri, 24 Jun 2022 08:14:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424204 The Tribunal admitted the petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, against the Corporate Debtor for non-payment of dues, imposing a moratorium under Section 14. An Interim Resolution Professional was appointed to manage the Corporate Insolvency Resolution Process, with specific responsibilities outlined. Financial provisions were made for expenses, and compliance measures were established, emphasizing communication and reporting requirements. The Tribunal's decision aimed to facilitate the resolution process by ensuring proper management and adherence to legal procedures. Case-Laws Insolvency and Bankruptcy Fri, 10 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424204