https://www.taxtmi.com/caselaws?id=429367 The Tribunal admitted the petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, due to the undisputed breach of agreed terms by the Corporate Debtor. It declared a moratorium, appointed an Interim Resolution Professional from the IBBI's empanelled list, and issued directions to ensure the continuity of essential goods or services. The moratorium was to remain in effect until the completion of the Corporate Insolvency Resolution Process, with instructions for communication and compliance to various parties involved in the process. en-us Mon, 10 Oct 2022 00:00:00 +0530 Thu, 27 Oct 2022 07:48:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429367 The Tribunal admitted the petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, due to the undisputed breach of agreed terms by the Corporate Debtor. It declared a moratorium, appointed an Interim Resolution Professional from the IBBI's empanelled list, and issued directions to ensure the continuity of essential goods or services. The moratorium was to remain in effect until the completion of the Corporate Insolvency Resolution Process, with instructions for communication and compliance to various parties involved in the process. Case-Laws Insolvency and Bankruptcy Mon, 10 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429367