https://www.taxtmi.com/caselaws?id=427960 The petition filed under Section 7 of the Insolvency and Bankruptcy Code, 2016 by the Financial Creditor and others against the Corporate Debtor was admitted by the Adjudicating Authority. The default in payment of financial debt led to the declaration of a moratorium under Section 14 of the Code. An Interim Resolution Professional was appointed to oversee the resolution process, and compliance and financial arrangements were directed to be followed. The judgment allowed the petition, admitted it, and issued necessary orders for the resolution process to proceed, ensuring parties' compliance and financial obligations. en-us Wed, 24 Aug 2022 00:00:00 +0530 Tue, 20 Sep 2022 11:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427960 The petition filed under Section 7 of the Insolvency and Bankruptcy Code, 2016 by the Financial Creditor and others against the Corporate Debtor was admitted by the Adjudicating Authority. The default in payment of financial debt led to the declaration of a moratorium under Section 14 of the Code. An Interim Resolution Professional was appointed to oversee the resolution process, and compliance and financial arrangements were directed to be followed. The judgment allowed the petition, admitted it, and issued necessary orders for the resolution process to proceed, ensuring parties' compliance and financial obligations. Case-Laws Insolvency and Bankruptcy Wed, 24 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427960