https://www.taxtmi.com/caselaws?id=426817 The Adjudicating Authority admitted the Application under Section 9 of the Insolvency and Bankruptcy Code, 2016 against a Private Limited Company for non-payment of outstanding invoices. The Corporate Insolvency Resolution Process was initiated, and an Interim Resolution Professional was appointed to oversee the proceedings. The management powers of the Corporate Debtor were suspended, and a moratorium was invoked. The parties were directed to comply with the Order, and communication was to be made to all relevant stakeholders. en-us Fri, 29 Jul 2022 00:00:00 +0530 Fri, 26 Aug 2022 08:35:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426817 The Adjudicating Authority admitted the Application under Section 9 of the Insolvency and Bankruptcy Code, 2016 against a Private Limited Company for non-payment of outstanding invoices. The Corporate Insolvency Resolution Process was initiated, and an Interim Resolution Professional was appointed to oversee the proceedings. The management powers of the Corporate Debtor were suspended, and a moratorium was invoked. The parties were directed to comply with the Order, and communication was to be made to all relevant stakeholders. Case-Laws Insolvency and Bankruptcy Fri, 29 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426817