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    <title>2022 (11) TMI 402 - NATIONAL COMPANY LAW TRIBUNAL , NEW DELHI BENCH</title>
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    <description>The Tribunal admitted the application under Section 7 of the Insolvency and Bankruptcy Code, 2016, initiating the Corporate Insolvency Resolution Process against the Corporate Debtor. Mr. Devendra Umrao was appointed as the Interim Resolution Professional, and a moratorium was declared in accordance with Section 14 of the Code. The Tribunal directed the Interim Resolution Professional to carry out prescribed functions and emphasized the obligation of all personnel associated with the Corporate Debtor to cooperate. The order was to be communicated to relevant parties and the Corporate Debtor&#039;s status updated on the Registrar of Companies&#039; website.</description>
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