https://www.taxtmi.com/caselaws?id=426818 The Tribunal admitted the application under Section 9 of the Insolvency and Bankruptcy Code, finding the Corporate Debtor in default of the operational debt with no pre-existing dispute. An Interim Resolution Professional (IRP) was appointed to manage the Corporate Debtor's affairs, invoking a moratorium as per the IBC provisions. The application was deemed maintainable, and the Corporate Insolvency Resolution Process (CIRP) was initiated. en-us Fri, 29 Jul 2022 00:00:00 +0530 Thu, 25 Aug 2022 12:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426818 The Tribunal admitted the application under Section 9 of the Insolvency and Bankruptcy Code, finding the Corporate Debtor in default of the operational debt with no pre-existing dispute. An Interim Resolution Professional (IRP) was appointed to manage the Corporate Debtor's affairs, invoking a moratorium as per the IBC provisions. The application was deemed maintainable, and the Corporate Insolvency Resolution Process (CIRP) was initiated. Case-Laws Insolvency and Bankruptcy Fri, 29 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426818