https://www.taxtmi.com/caselaws?id=305167 The Tribunal found the Corporate Guarantee valid and enforceable, within the limitation period, and authorized the applicant Bank to file the application. The guarantee was deemed invoked, and the Tribunal had jurisdiction to proceed. The Financial Creditor's entitlement to claim dues was established, leading to the initiation of the Corporate Insolvency Resolution Process against the corporate debtor. The Tribunal admitted the application, appointed an Interim Resolution Professional, and imposed a moratorium to protect the corporate debtor during the insolvency process. en-us Tue, 10 May 2022 00:00:00 +0530 Mon, 21 Nov 2022 04:45:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305167 The Tribunal found the Corporate Guarantee valid and enforceable, within the limitation period, and authorized the applicant Bank to file the application. The guarantee was deemed invoked, and the Tribunal had jurisdiction to proceed. The Financial Creditor's entitlement to claim dues was established, leading to the initiation of the Corporate Insolvency Resolution Process against the corporate debtor. The Tribunal admitted the application, appointed an Interim Resolution Professional, and imposed a moratorium to protect the corporate debtor during the insolvency process. Case-Laws Insolvency and Bankruptcy Tue, 10 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305167