https://www.taxtmi.com/caselaws?id=424373 The Tribunal admitted an application for Corporate Insolvency Resolution Process (CIRP) under Section 9 of the Insolvency and Bankruptcy Code 2016 against the Corporate Debtor after it admitted liability and default. Mr. Ram Phal Bhardwaj was appointed as the Interim Resolution Professional (IRP), and a moratorium was imposed to protect the Corporate Debtor from legal actions and asset transfers. Essential services supply was ensured during the moratorium period, with ongoing communication and updates required until the completion of the insolvency resolution process. en-us Thu, 09 Jun 2022 00:00:00 +0530 Wed, 29 Jun 2022 09:34:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424373 The Tribunal admitted an application for Corporate Insolvency Resolution Process (CIRP) under Section 9 of the Insolvency and Bankruptcy Code 2016 against the Corporate Debtor after it admitted liability and default. Mr. Ram Phal Bhardwaj was appointed as the Interim Resolution Professional (IRP), and a moratorium was imposed to protect the Corporate Debtor from legal actions and asset transfers. Essential services supply was ensured during the moratorium period, with ongoing communication and updates required until the completion of the insolvency resolution process. Case-Laws Insolvency and Bankruptcy Thu, 09 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424373