NCLT Admits Jovee's Insolvency Petition Against Madesh HR

NCLT Chennai admits Jovee Enterprises' Section 9 IBC petition against Madesh Human Resources for a default of ₹1.44 crore.
Corporate Debtor Madesh HR was set ex-parte and had previously admitted the debt in a written communication.
Tribunal appoints Ms. B. Akhila as Interim Resolution Professional and imposes a moratorium under Section 14.
Operational Creditor directed to pay ₹2 lakh to the IRP for meeting CIRP expenses as per regulation.