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    <title>2017 (8) TMI 1676 - NATIONAL COMPANY LAW TRIBUNAL, NEW DELHI PRINCIPAL BENCH</title>
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    <description>The Financial Creditor successfully filed an application under section 7 of the Insolvency and Bankruptcy Code, 2016 against the Corporate Debtor. The Financial Creditor demonstrated its competence by disclosing the financial debt granted to the Corporate Debtor, proving default and security interest held. The Tribunal admitted the application, appointing an Interim Resolution Professional and declaring a moratorium to facilitate the Corporate Insolvency Resolution Process.</description>
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      <description>The Financial Creditor successfully filed an application under section 7 of the Insolvency and Bankruptcy Code, 2016 against the Corporate Debtor. The Financial Creditor demonstrated its competence by disclosing the financial debt granted to the Corporate Debtor, proving default and security interest held. The Tribunal admitted the application, appointing an Interim Resolution Professional and declaring a moratorium to facilitate the Corporate Insolvency Resolution Process.</description>
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