The case involves a Company Petition/Application with the number CP (IB) No. 51/94/I/HDB/2021. The petitioner appeared, but no one appeared for the respondent. The petitioner suggested the name of an Interim Resolution Professional (IRP).
The Company Petition/Application number is CP (IB) No. 51/94/I/HDB/2021. The company involved is Servomax India Pvt Ltd. The petitioner is Avasarala Venkateswara Rao, and the respondent is State Bank of India & Servomax India Pvt Ltd. The case is filed under Section 94. The petitioner's counsel appeared, but the respondent's counsel did not. The petitioner suggested the name of an IRP, who was subsequently appointed. The IRP is directed to file a report within 10 days. An interim moratorium is issued under Section 96 of the IBC. The respondent is directed to file a reply within two weeks. The matter is adjourned to 2021-08-26.
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The case involves a Company Petition/Application with the number CP (IB) No. 51/94/I/HDB/2021. The petitioner appeared, but no one appeared for the respondent. The petitioner suggested the name of an Interim Resolution Professional (IRP).
The Company Petition/Application number is CP (IB) No. 51/94/I/HDB/2021. The company involved is Servomax India Pvt Ltd. The petitioner is Avasarala Venkateswara Rao, and the respondent is State Bank of India & Servomax India Pvt Ltd. The case is filed under Section 94. The petitioner's counsel appeared, but the respondent's counsel did not. The petitioner suggested the name of an IRP, who was subsequently appointed. The IRP is directed to file a report within 10 days. An interim moratorium is issued under Section 96 of the IBC. The respondent is directed to file a reply within two weeks. The matter is adjourned to 2021-08-26.
Hearing held on…
Matter stands a…