Mr. Dharmender Sharma, Proprietor of ADP Interiors and Contractors, filed a petition as an Operational Creditor under Section 9 of the Insolvency and Bankruptcy Code, 2016, against SRS Real Infrastructure Limited, the Corporate Debtor. The petition sought to initiate the insolvency resolution process. The Adjudicating Authority admitted the petition, declared a moratorium, and appointed Mr. Sandeep Chandna as the Interim Resolution Professional. The order also outlined the duties and responsibilities of the Interim Resolution Professional, including taking control of the Corporate Debtor's assets and preparing an inventory. The Corporate Debtor's board of directors' powers were suspended, and the management of affairs was vested with the Interim Resolution

Mr. Dharmender Sharma, Proprietor of ADP Interiors and Contractors, filed a petition as an Operational Creditor under Section 9 of the Insolvency and Bankruptcy Code, 2016, against SRS Real Infrastructure Limited, the Corporate Debtor. The petition sought to initiate the insolvency resolution process. The Adjudicating Authority admitted the petition, declared a moratorium, and appointed Mr. Sandeep Chandna as the Interim Resolution Professional. The order also outlined the duties and responsibilities of the Interim Resolution Professional, including taking control of the Corporate Debtor's assets and preparing an inventory. The Corporate Debtor's board of directors' powers were suspended, and the management of affairs was vested with the Interim Resolution