https://www.taxtmi.com/caselaws?id=305651 The Tribunal admitted the petition under Section 7 of the Insolvency and Bankruptcy Code, finding compliance with legal provisions. An Interim Resolution Professional was appointed, a moratorium declared, and the Financial Creditor directed to deposit funds for the resolution process. The Tribunal also issued directions for document submission and information provision by the Ex-Management/Auditors, initiating the Corporate Insolvency Resolution Process for the Corporate Debtor, CLC Industries Limited. en-us Fri, 03 Jan 2020 00:00:00 +0530 Mon, 19 Dec 2022 09:14:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305651 The Tribunal admitted the petition under Section 7 of the Insolvency and Bankruptcy Code, finding compliance with legal provisions. An Interim Resolution Professional was appointed, a moratorium declared, and the Financial Creditor directed to deposit funds for the resolution process. The Tribunal also issued directions for document submission and information provision by the Ex-Management/Auditors, initiating the Corporate Insolvency Resolution Process for the Corporate Debtor, CLC Industries Limited. Case-Laws Insolvency and Bankruptcy Fri, 03 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305651