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    <title>2022 (8) TMI 323 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL , CHENNAI</title>
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    <description>The Tribunal dismissed both appeals, upholding the Adjudicating Authority&#039;s orders admitting the company petitions, declaring moratoriums, and appointing Interim Resolution Professionals. The Tribunal found no legal flaws in the Adjudicating Authority&#039;s decisions and held that the Financial Creditor successfully established the existence of debt and default. The appeals were dismissed with no costs, and the connected interim applications were closed.</description>
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      <description>The Tribunal dismissed both appeals, upholding the Adjudicating Authority&#039;s orders admitting the company petitions, declaring moratoriums, and appointing Interim Resolution Professionals. The Tribunal found no legal flaws in the Adjudicating Authority&#039;s decisions and held that the Financial Creditor successfully established the existence of debt and default. The appeals were dismissed with no costs, and the connected interim applications were closed.</description>
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