https://www.taxtmi.com/caselaws?id=425325 The Tribunal found the service of the demand notice proper, the operational debt uncontested by the Corporate Debtor, and the application timely filed. Consequently, the petition under Section 9 of the IBC was admitted for initiating the CIR Process for the Corporate Debtor, M/s Hygiene Feeds & Farms Private Limited. A moratorium was imposed, an Interim Resolution Professional appointed, and necessary actions for the CIRP initiated, including the formation of a Committee of Creditors and depositing funds for immediate expenses. en-us Mon, 18 Jul 2022 00:00:00 +0530 Thu, 21 Jul 2022 09:26:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425325 The Tribunal found the service of the demand notice proper, the operational debt uncontested by the Corporate Debtor, and the application timely filed. Consequently, the petition under Section 9 of the IBC was admitted for initiating the CIR Process for the Corporate Debtor, M/s Hygiene Feeds & Farms Private Limited. A moratorium was imposed, an Interim Resolution Professional appointed, and necessary actions for the CIRP initiated, including the formation of a Committee of Creditors and depositing funds for immediate expenses. Case-Laws Insolvency and Bankruptcy Mon, 18 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425325