https://www.taxtmi.com/caselaws?id=425631 The Tribunal granted permission to amend the date of default in Application IBA/706/2020 to 19.03.2015. The Financial Creditor's Application for initiation of Corporate Insolvency Resolution Process (CIRP) was admitted, declaring a moratorium and appointing an Interim Resolution Professional (IRP). The Application was found to be within the limitation period, and the debt and default were proven based on financial records. The IRP was tasked with managing the Corporate Debtor's operations and reporting progress to the Tribunal, with the next hearing scheduled for 16.08.2022. en-us Fri, 01 Jul 2022 00:00:00 +0530 Wed, 27 Jul 2022 15:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425631 The Tribunal granted permission to amend the date of default in Application IBA/706/2020 to 19.03.2015. The Financial Creditor's Application for initiation of Corporate Insolvency Resolution Process (CIRP) was admitted, declaring a moratorium and appointing an Interim Resolution Professional (IRP). The Application was found to be within the limitation period, and the debt and default were proven based on financial records. The IRP was tasked with managing the Corporate Debtor's operations and reporting progress to the Tribunal, with the next hearing scheduled for 16.08.2022. Case-Laws Insolvency and Bankruptcy Fri, 01 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425631