Section
Section 13. Declaration of moratorium and public announcement
(1) The Adjudicating Authority, after admission of the application under section 7 or section 9 or section 10, shall, by an
order – (a) declare a moratorium for the purposes referred to in section 14; (b) cause a public announcement of the initiation of corporate insolvency resolution process and call for the
submission of claims under section 15; and (c) appoint an interim resolution professional in the manner as laid down in section 16. 53 (2) The public announcement referred to in clause (b) of sub-section (1) shall be made immediately after the appointment
of the interim resolution professional.
PART II / CHAPTER II CORPORATE INSOLVENCY RESOLUTION PROCESS