D Ltd. : MNO Ltd filed a petition under Section 7 of the IBC, 2016 for initiation of CIRP against D Ltd (Corporate Debtor) and being a wholly owned subsidiary of SOSAAL. The Adjudicating Authority admitted the petition v

D Ltd. : MNO Ltd filed a petition under Section 7 of the IBC, 2016 for initiation of CIRP against D Ltd (Corporate Debtor) and being a wholly owned subsidiary of SOSAAL. The Adjudicating Authority admitted the petition vide its order dated 26-10-2022 and initiated CIRP by appointing Mr. GM as the Interim Insolvency Professional (IRP). The Insurance of the assets of the corporate debtor was lapsing on 18-12-2022. Recognizing the urgent need to get the insurance renewed, in order to safeguard the assets of the corporate debtor, the IRP decided to take a new insurance policy at a higher premium as compared to the previous insurance policy without the consent of the Committee of Creditors (CoC). Accordingly, the IRP entered into a contract with the insurance company for taking a new policy. Identify the date of commencement of CIRP as per IBC, 2016 (Section) in relation to the CIRP initiated by MNO Ltd against D Ltd.