Durga Enterprises, an operational creditor, filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, to initiate the Corporate Insolvency Resolution Process (CIRP) against SRS Meditech Limited, the corporate debtor. The application was admitted on 02.11.2018. The operational creditor did not propose an Interim Resolution Professional (IRP). The Insolvency and Bankruptcy Board of India (IBBI) stated that in cases where the operational creditor has made an application for CIRP and has not proposed an IRP, the appointment of IRP can be made from the bench wise list of Insolvency Professionals. The NCLT appointed Mr. Tarun Batra as the IRP. A moratorium was declared under Section 14 of the Code. The order directed the IRP to make a public

Durga Enterprises, an operational creditor, filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016, to initiate the Corporate Insolvency Resolution Process (CIRP) against SRS Meditech Limited, the corporate debtor. The application was admitted on 02.11.2018. The operational creditor did not propose an Interim Resolution Professional (IRP). The Insolvency and Bankruptcy Board of India (IBBI) stated that in cases where the operational creditor has made an application for CIRP and has not proposed an IRP, the appointment of IRP can be made from the bench wise list of Insolvency Professionals. The NCLT appointed Mr. Tarun Batra as the IRP. A moratorium was declared under Section 14 of the Code. The order directed the IRP to make a public