https://www.taxtmi.com/caselaws?id=425513 Under the personal guarantor insolvency framework, filing an application under section 95(1) of the Insolvency and Bankruptcy Code triggers the interim moratorium provided by section 96(1)(a). A resolution professional may be appointed under section 97 to conduct the statutory inquiry, provided the proposed professional holds a valid authorisation for assignment. The resolution professional must examine the application and submit recommendations on its admission or rejection within the period contemplated by section 99. The interim moratorium consequently operates from filing, while the inquiry proceeds through the appointed resolution professional. en-us Fri, 01 Jul 2022 00:00:00 +0530 Mon, 25 Jul 2022 12:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425513 Under the personal guarantor insolvency framework, filing an application under section 95(1) of the Insolvency and Bankruptcy Code triggers the interim moratorium provided by section 96(1)(a). A resolution professional may be appointed under section 97 to conduct the statutory inquiry, provided the proposed professional holds a valid authorisation for assignment. The resolution professional must examine the application and submit recommendations on its admission or rejection within the period contemplated by section 99. The interim moratorium consequently operates from filing, while the inquiry proceeds through the appointed resolution professional. Case-Laws Insolvency and Bankruptcy Fri, 01 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425513