https://www.taxtmi.com/caselaws?id=428122 The Tribunal found the petition complete and satisfying all conditions under Section 9 of the Insolvency and Bankruptcy Code. The petition to initiate the Corporate Insolvency Resolution Process against the corporate debtor was admitted. A moratorium was declared, and Mr. Pramod Kumar Misra was appointed as the Interim Resolution Professional. The petitioner was directed to deposit Rs. 1,00,000 with the IRP for immediate CIRP expenses, to be reimbursed by the Committee of Creditors. The petition was allowed and admitted, with orders to communicate to both parties and the IRP. en-us Wed, 21 Sep 2022 00:00:00 +0530 Sat, 24 Sep 2022 11:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=428122 The Tribunal found the petition complete and satisfying all conditions under Section 9 of the Insolvency and Bankruptcy Code. The petition to initiate the Corporate Insolvency Resolution Process against the corporate debtor was admitted. A moratorium was declared, and Mr. Pramod Kumar Misra was appointed as the Interim Resolution Professional. The petitioner was directed to deposit Rs. 1,00,000 with the IRP for immediate CIRP expenses, to be reimbursed by the Committee of Creditors. The petition was allowed and admitted, with orders to communicate to both parties and the IRP. Case-Laws Insolvency and Bankruptcy Wed, 21 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=428122