Allahabad Bank, the Financial Creditor, filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, against M/s Ganeshom Cereals Private Limited, the Corporate Debtor, to initiate the Corporate Insolvency Resolution Process (CIRP). The petition was admitted on 13.12.2018. The court declared a moratorium under Section 14 of the Code, prohibiting the institution or continuation of suits against the Corporate Debtor, the transfer or disposal of its assets, and actions to recover security interests. Mr. Bhupesh Gupta was appointed as the Interim Resolution Professional (IRP). The IRP was directed to take control of the Corporate Debtor's assets, form a committee of creditors, and make a public announcement regarding the initiation of the CIRP. The

Allahabad Bank, the Financial Creditor, filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, against M/s Ganeshom Cereals Private Limited, the Corporate Debtor, to initiate the Corporate Insolvency Resolution Process (CIRP). The petition was admitted on 13.12.2018. The court declared a moratorium under Section 14 of the Code, prohibiting the institution or continuation of suits against the Corporate Debtor, the transfer or disposal of its assets, and actions to recover security interests. Mr. Bhupesh Gupta was appointed as the Interim Resolution Professional (IRP). The IRP was directed to take control of the Corporate Debtor's assets, form a committee of creditors, and make a public announcement regarding the initiation of the CIRP. The