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.

(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.