https://www.taxtmi.com/caselaws?id=427857 The Tribunal found no pre-existing dispute and initiated the Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor. An Interim Resolution Professional (IRP) was appointed, and a moratorium was declared, prohibiting certain actions against the Corporate Debtor's assets. The IRP was directed to comply with specific provisions of the Insolvency & Bankruptcy Code, 2016, and the Operational Creditor was instructed to provide initial finance for the CIRP process. en-us Wed, 07 Sep 2022 00:00:00 +0530 Mon, 19 Sep 2022 09:34:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427857 The Tribunal found no pre-existing dispute and initiated the Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor. An Interim Resolution Professional (IRP) was appointed, and a moratorium was declared, prohibiting certain actions against the Corporate Debtor's assets. The IRP was directed to comply with specific provisions of the Insolvency & Bankruptcy Code, 2016, and the Operational Creditor was instructed to provide initial finance for the CIRP process. Case-Laws Insolvency and Bankruptcy Wed, 07 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427857