https://www.taxtmi.com/caselaws?id=428180 The Tribunal admitted the petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, initiating the Corporate Insolvency Resolution Process (CIRP) against the corporate debtor. Mr. Sanyam Goel was appointed as the Interim Resolution Professional, and a moratorium was declared as per Section 14 of the Code. The Tribunal directed the applicant to deposit Rs. 2 Lakhs with the Interim Resolution Professional to cover initial expenses, emphasizing the duty of the Interim Resolution Professional to manage the affairs of the corporate debtor diligently and in compliance with the provisions of the Code. en-us Mon, 05 Sep 2022 00:00:00 +0530 Sat, 24 Sep 2022 11:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=428180 The Tribunal admitted the petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, initiating the Corporate Insolvency Resolution Process (CIRP) against the corporate debtor. Mr. Sanyam Goel was appointed as the Interim Resolution Professional, and a moratorium was declared as per Section 14 of the Code. The Tribunal directed the applicant to deposit Rs. 2 Lakhs with the Interim Resolution Professional to cover initial expenses, emphasizing the duty of the Interim Resolution Professional to manage the affairs of the corporate debtor diligently and in compliance with the provisions of the Code. Case-Laws Insolvency and Bankruptcy Mon, 05 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=428180