The matter was listed for the report of the RP. The petition filed by PNB had been admitted vide an order dated March 23, 2018. The IRP has taken no steps till date merely because of a typographical error in his name. The Financial Creditor sought correction after more than a month.
The Punjab National Bank (PNB) filed a petition against Rana Global Ltd. which was admitted on March 23, 2018. The Interim Resolution Professional (IRP) has not taken any steps due to a typographical error in his name. The Financial Creditor sought correction after more than a month. The address and registration number of the IRP were correct. The court found the delay and lackadaisical attitude of the Financial Creditor inexplicable.
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The matter was listed for the report of the RP. The petition filed by PNB had been admitted vide an order dated March 23, 2018. The IRP has taken no steps till date merely because of a typographical error in his name. The Financial Creditor sought correction after more than a month.
The Punjab National Bank (PNB) filed a petition against Rana Global Ltd. which was admitted on March 23, 2018. The Interim Resolution Professional (IRP) has not taken any steps due to a typographical error in his name. The Financial Creditor sought correction after more than a month. The address and registration number of the IRP were correct. The court found the delay and lackadaisical attitude of the Financial Creditor inexplicable.
The petition f…
The matter was…
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