https://www.taxtmi.com/caselaws?id=425326 The tribunal found the petition maintainable, established the existence of an operational debt and default, dismissed claims of pre-existing disputes, invalidated the termination of the MoU by the Corporate Debtor, and appointed an Interim Resolution Professional (IRP) to proceed with the Corporate Insolvency Resolution Process (CIRP). The tribunal admitted the application, declared a moratorium, and directed the IRP to convene a Committee of Creditors to formulate a resolution plan. en-us Mon, 18 Jul 2022 00:00:00 +0530 Thu, 21 Jul 2022 09:26:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425326 The tribunal found the petition maintainable, established the existence of an operational debt and default, dismissed claims of pre-existing disputes, invalidated the termination of the MoU by the Corporate Debtor, and appointed an Interim Resolution Professional (IRP) to proceed with the Corporate Insolvency Resolution Process (CIRP). The tribunal admitted the application, declared a moratorium, and directed the IRP to convene a Committee of Creditors to formulate a resolution plan. Case-Laws Insolvency and Bankruptcy Mon, 18 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425326