https://www.taxtmi.com/caselaws?id=426076 The Tribunal admitted the application under Section 7 of the IBC, declaring a moratorium under Section 14. The moratorium would continue until the completion of the CIRP or approval of a resolution plan. A public announcement of the CIRP was ordered, appointing Mr. Srigopal Choudhary as the Interim Resolution Professional. The IRP would manage the Corporate Debtor, with ongoing progress reports required. The Financial Creditor was directed to deposit Rs. 5,00,000/- with the IRP. The case was set for a progress report filing on 31st August 2022, with the order issued on 18th July 2022. en-us Mon, 18 Jul 2022 00:00:00 +0530 Mon, 08 Aug 2022 09:08:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426076 The Tribunal admitted the application under Section 7 of the IBC, declaring a moratorium under Section 14. The moratorium would continue until the completion of the CIRP or approval of a resolution plan. A public announcement of the CIRP was ordered, appointing Mr. Srigopal Choudhary as the Interim Resolution Professional. The IRP would manage the Corporate Debtor, with ongoing progress reports required. The Financial Creditor was directed to deposit Rs. 5,00,000/- with the IRP. The case was set for a progress report filing on 31st August 2022, with the order issued on 18th July 2022. Case-Laws Insolvency and Bankruptcy Mon, 18 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426076