https://www.taxtmi.com/caselaws?id=305196 The Adjudicating Authority admitted the Operational Creditor's application under section 9 of the Insolvency and Bankruptcy Code, 2016, for initiating Corporate Insolvency proceedings against the Corporate Debtor. The Authority found the application compliant with the IBC, established jurisdiction, and appointed an Interim Resolution Professional (IRP). A moratorium under Section 14(1) was imposed, and necessary steps for compliance were outlined. The order was pronounced in a Virtual Hearing, ensuring the proper initiation of the Corporate Insolvency process. en-us Mon, 18 Apr 2022 00:00:00 +0530 Tue, 22 Nov 2022 09:01:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305196 The Adjudicating Authority admitted the Operational Creditor's application under section 9 of the Insolvency and Bankruptcy Code, 2016, for initiating Corporate Insolvency proceedings against the Corporate Debtor. The Authority found the application compliant with the IBC, established jurisdiction, and appointed an Interim Resolution Professional (IRP). A moratorium under Section 14(1) was imposed, and necessary steps for compliance were outlined. The order was pronounced in a Virtual Hearing, ensuring the proper initiation of the Corporate Insolvency process. Case-Laws Insolvency and Bankruptcy Mon, 18 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305196