The case pertains to a Company Petition (IB/248/2021) filed against Rajvir Industries Ltd. The Central Bank of India is the petitioner, along with Aarti Agarwal & Rajvir Industries Ltd. The petition is filed under Section 95 of the IBC (Insolvency and Bankruptcy Code).
Central Bank of India, along with Aarti Agarwal & Rajvir Industries Ltd, filed a Company Petition (IB/248/2021) against Rajvir Industries Ltd under Section 95 of the IBC. The respondents requested time to file a counter. The petitioner proposed Dr. Kondapalli Venkat Srinivas as the Resolution Professional. The court verified that Dr. Srinivas's name is in the IBBI database. The court then appointed Dr. Srinivas as the Interim Resolution Professional and imposed an interim moratorium. The matter was adjourned to 17.11.2021. The IRP is required to file a report within 10 days.
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The case pertains to a Company Petition (IB/248/2021) filed against Rajvir Industries Ltd. The Central Bank of India is the petitioner, along with Aarti Agarwal & Rajvir Industries Ltd. The petition is filed under Section 95 of the IBC (Insolvency and Bankruptcy Code).
Central Bank of India, along with Aarti Agarwal & Rajvir Industries Ltd, filed a Company Petition (IB/248/2021) against Rajvir Industries Ltd under Section 95 of the IBC. The respondents requested time to file a counter. The petitioner proposed Dr. Kondapalli Venkat Srinivas as the Resolution Professional. The court verified that Dr. Srinivas's name is in the IBBI database. The court then appointed Dr. Srinivas as the Interim Resolution Professional and imposed an interim moratorium. The matter was adjourned to 17.11.2021. The IRP is required to file a report within 10 days.
Hearing he…
Respondents sought time…