The case involves a petition filed under Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016, by an Operational Creditor against a Corporate Debtor. The Adjudicating Authority admitted the petition but noted that the Petitioner/Operational Creditor had not suggested an Interim Resolution Professional (IRP).
Jai Corp Ltd filed a petition against Silk Woven Sack Pvt Ltd under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Adjudicating Authority admitted the petition. The Operational Creditor did not propose an Interim Resolution Professional (IRP). The Adjudicating Authority then appointed Shri Anish Babubhai Shah as the IRP. The date of commencement of CIRP is 06.01.2020.
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Reference to the order…
The Adjudicating Authority appointed Shri Anish…
The case involves a petition filed under Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016, by an Operational Creditor against a Corporate Debtor. The Adjudicating Authority admitted the petition but noted that the Petitioner/Operational Creditor had not suggested an Interim Resolution Professional (IRP).
Jai Corp Ltd filed a petition against Silk Woven Sack Pvt Ltd under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Adjudicating Authority admitted the petition. The Operational Creditor did not propose an Interim Resolution Professional (IRP). The Adjudicating Authority then appointed Shri Anish Babubhai Shah as the IRP. The date of commencement of CIRP is 06.01.2020.
Reference to the order…
The Adjudicating Authority appointed Shri Anish…