The document pertains to IA (IBC) No. 347/2021 in CP (IB) No. 03/95/HDB/2021 before the National Company Law Tribunal, Hyderabad. The IA was filed for urgent listing and was allowed. The matter was subsequently listed. The case involves State Bank of India as the petitioner and L. Madhusudhan Rao as the respondent. The application is related to Section 95 of the IBC.
State Bank of India filed IA (IBC) No. 347/2021 in CP (IB) No. 03/95/HDB/2021. The application was for urgent listing, which the court allowed. The case involves L. Madhusudhan Rao as the respondent. The application is under Section 95 of the IBC. An interim moratorium was declared, effective from the date of filing the application under Section 96(1)(a) of the I&B Code, 2016. Shri Anil Kohli was appointed as the Interim Resolution Professional (IRP). The IRP is required to submit a report under Section 99 of the I&B Code, 2016, within ten days from the date of appointment. The respondents are required to file a reply within two weeks, and the petitioners may file a rejoinder within two weeks thereafter. The matter is adjourned to 2021-09-03. The key facts are
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IA (IBC) No. 3…
The document pertains to IA (IBC) No. 347/2021 in CP (IB) No. 03/95/HDB/2021 before the National Company Law Tribunal, Hyderabad. The IA was filed for urgent listing and was allowed. The matter was subsequently listed. The case involves State Bank of India as the petitioner and L. Madhusudhan Rao as the respondent. The application is related to Section 95 of the IBC.
State Bank of India filed IA (IBC) No. 347/2021 in CP (IB) No. 03/95/HDB/2021. The application was for urgent listing, which the court allowed. The case involves L. Madhusudhan Rao as the respondent. The application is under Section 95 of the IBC. An interim moratorium was declared, effective from the date of filing the application under Section 96(1)(a) of the I&B Code, 2016. Shri Anil Kohli was appointed as the Interim Resolution Professional (IRP). The IRP is required to submit a report under Section 99 of the I&B Code, 2016, within ten days from the date of appointment. The respondents are required to file a reply within two weeks, and the petitioners may file a rejoinder within two weeks thereafter. The matter is adjourned to 2021-09-03. The key facts are
…Hearing he…
IA (IBC) No. 3…