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2017 (4) TMI 1244 - Tri - Insolvency and BankruptcyCorporate insolvency Resolution Process - Held that:- The corporate debtor has complied with provision of Section 10 of the Code, for declaration of moratorium under section 14 of the Code. The Petition deserved to be allowed Hence, we admit the petition for declaring Moratorium with Consequential Directions given. The public announcement of corporate insolvency resolution process be made immediately as specified under Section 13 of the code and calling for submissions of claim under Section 15 of the Code.
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