Ujwal Gupta, Director of Greenworld International Private Limited & Ors., filed an appeal against M/s. Italimpianti Orafi Spa & Ors. The appeal had a delay of 10 days. The appellant claimed a pre-existing dispute and expressed intent to settle with the respondents. The court considered the delay and the need to maintain the corporate debtor as a going concern during the resolution process. The Interim Resolution Professional/Resolution Professional is responsible for ensuring the company remains a going concern and that manufacturing and production are not negatively impacted. Banks with accounts of the corporate debtor are required to cooperate with the Resolution Professional.

Ujwal Gupta, Director of Greenworld International Private Limited & Ors., filed an appeal against M/s. Italimpianti Orafi Spa & Ors. The appeal had a delay of 10 days. The appellant claimed a pre-existing dispute and expressed intent to settle with the respondents. The court considered the delay and the need to maintain the corporate debtor as a going concern during the resolution process. The Interim Resolution Professional/Resolution Professional is responsible for ensuring the company remains a going concern and that manufacturing and production are not negatively impacted. Banks with accounts of the corporate debtor are required to cooperate with the Resolution Professional.