https://www.taxtmi.com/caselaws?id=426472 The National Company Law Tribunal, Ahmedabad, admitted an application under Section 7 of the Insolvency and Bankruptcy Code, 2016, initiating Corporate Insolvency Resolution Process against a Corporate Debtor. The Tribunal found the loan agreement valid, established the default in payment, confirmed its jurisdiction, appointed an Insolvency Resolution Professional, and directed the deposit of funds with the IRP while imposing a moratorium to ensure the orderly progression of insolvency resolution proceedings. en-us Fri, 05 Aug 2022 00:00:00 +0530 Thu, 18 Aug 2022 08:15:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426472 The National Company Law Tribunal, Ahmedabad, admitted an application under Section 7 of the Insolvency and Bankruptcy Code, 2016, initiating Corporate Insolvency Resolution Process against a Corporate Debtor. The Tribunal found the loan agreement valid, established the default in payment, confirmed its jurisdiction, appointed an Insolvency Resolution Professional, and directed the deposit of funds with the IRP while imposing a moratorium to ensure the orderly progression of insolvency resolution proceedings. Case-Laws Insolvency and Bankruptcy Fri, 05 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426472