Autocap India Private Limited, identified as the 'Petitioner/Operational Creditor', filed a company petition against Infonet Asia Private Limited, identified as the 'Respondent/Corporate Debtor', under Section 9 of the Insolvency and Bankruptcy Code 2016. The Adjudicating Authority had already admitted the petition and declared a moratorium on 02.08.2017. The petitioner did not propose an Interim Resolution Professional (IRP). The court then directed the registry to make a reference to the Insolvency and Bankruptcy Board of India (IBBI) to recommend an IRP. The IBBI recommended Mr. S. Rajagopal, who was subsequently appointed as the IRP for a period of 30 days.

Autocap India Private Limited, identified as the 'Petitioner/Operational Creditor', filed a company petition against Infonet Asia Private Limited, identified as the 'Respondent/Corporate Debtor', under Section 9 of the Insolvency and Bankruptcy Code 2016. The Adjudicating Authority had already admitted the petition and declared a moratorium on 02.08.2017. The petitioner did not propose an Interim Resolution Professional (IRP). The court then directed the registry to make a reference to the Insolvency and Bankruptcy Board of India (IBBI) to recommend an IRP. The IBBI recommended Mr. S. Rajagopal, who was subsequently appointed as the IRP for a period of 30 days.