https://www.taxtmi.com/caselaws?id=429183 The Tribunal admitted the Company Petition, initiating Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor. An Interim Resolution Professional was appointed, and the Operational Creditor was directed to deposit initial CIRP costs. Legal actions against the Corporate Debtor were restricted, essential supplies were to continue, and a moratorium period was specified. The management of the Corporate Debtor was entrusted to the IRP/RP during the CIRP period, with communications directed to relevant authorities to facilitate the resolution process and protect the interests of all parties involved. en-us Mon, 17 Oct 2022 00:00:00 +0530 Wed, 19 Oct 2022 16:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429183 The Tribunal admitted the Company Petition, initiating Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor. An Interim Resolution Professional was appointed, and the Operational Creditor was directed to deposit initial CIRP costs. Legal actions against the Corporate Debtor were restricted, essential supplies were to continue, and a moratorium period was specified. The management of the Corporate Debtor was entrusted to the IRP/RP during the CIRP period, with communications directed to relevant authorities to facilitate the resolution process and protect the interests of all parties involved. Case-Laws Insolvency and Bankruptcy Mon, 17 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429183