https://www.taxtmi.com/caselaws?id=424758 The tribunal admitted the application under Section 9 of the Insolvency and Bankruptcy Code, 2016, finding the Operational Creditor had proven its case. A moratorium was declared, and an Interim Resolution Professional was appointed. The IRP was tasked with convening a creditors' meeting and submitting a resolution plan within 105 days. The Operational Creditor was directed to deposit funds for preliminary expenses. en-us Tue, 05 Jul 2022 00:00:00 +0530 Fri, 08 Jul 2022 09:33:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424758 The tribunal admitted the application under Section 9 of the Insolvency and Bankruptcy Code, 2016, finding the Operational Creditor had proven its case. A moratorium was declared, and an Interim Resolution Professional was appointed. The IRP was tasked with convening a creditors' meeting and submitting a resolution plan within 105 days. The Operational Creditor was directed to deposit funds for preliminary expenses. Case-Laws Insolvency and Bankruptcy Tue, 05 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424758