https://www.taxtmi.com/caselaws?id=426523 The Tribunal admitted the petition filed by M/s. Madhav Alloys Private Limited, an operational creditor, to initiate Corporate Insolvency Resolution Process against Aryan Villa and Resorts LLP, the corporate debtor, under Section 9 of the Insolvency and Bankruptcy Code, 2016. The petition detailed the outstanding operational debt, validity of the demand notice, timeliness of the application, completion of required forms and documents, appointment of an Interim Resolution Professional, imposition of a moratorium, and related directions. The Tribunal found the application timely filed, appointed an Interim Resolution Professional, imposed a moratorium, and issued specific directions for managing the affairs of the corporate debtor. en-us Tue, 02 Aug 2022 00:00:00 +0530 Sat, 20 Aug 2022 08:24:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426523 The Tribunal admitted the petition filed by M/s. Madhav Alloys Private Limited, an operational creditor, to initiate Corporate Insolvency Resolution Process against Aryan Villa and Resorts LLP, the corporate debtor, under Section 9 of the Insolvency and Bankruptcy Code, 2016. The petition detailed the outstanding operational debt, validity of the demand notice, timeliness of the application, completion of required forms and documents, appointment of an Interim Resolution Professional, imposition of a moratorium, and related directions. The Tribunal found the application timely filed, appointed an Interim Resolution Professional, imposed a moratorium, and issued specific directions for managing the affairs of the corporate debtor. Case-Laws Insolvency and Bankruptcy Tue, 02 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426523