https://www.taxtmi.com/caselaws?id=427803 The petition was allowed and admitted by the Tribunal. Mr. Parminder Singh Bhullar was appointed as the Interim Resolution Professional with specific directions. A moratorium was imposed in accordance with Section 14 of the Insolvency and Bankruptcy Code, suspending suits, asset transfers, and recovery actions against the corporate debtor. The petitioner was instructed to deposit Rs. 80,000 with the IRP for immediate expenses of the Corporate Insolvency Resolution Process. en-us Thu, 15 Sep 2022 00:00:00 +0530 Sat, 17 Sep 2022 07:57:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427803 The petition was allowed and admitted by the Tribunal. Mr. Parminder Singh Bhullar was appointed as the Interim Resolution Professional with specific directions. A moratorium was imposed in accordance with Section 14 of the Insolvency and Bankruptcy Code, suspending suits, asset transfers, and recovery actions against the corporate debtor. The petitioner was instructed to deposit Rs. 80,000 with the IRP for immediate expenses of the Corporate Insolvency Resolution Process. Case-Laws Insolvency and Bankruptcy Thu, 15 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427803