The case involves an application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 by an Operational Creditor against a Corporate Debtor. The application was for initiating the insolvency resolution process.
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 Resolution Professional furnished written communication in Form No. 2, which was found to be in order. The matter was fixed for passing the formal order of declaring moratorium and for appointment of Interim Resolution Professional. The key facts are the filing of the petition, the nature of the creditor as operational, and the court's consideration of the application and related documents.
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The insol…
The order was d…
The case involves an application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 by an Operational Creditor against a Corporate Debtor. The application was for initiating the insolvency resolution process.
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 Resolution Professional furnished written communication in Form No. 2, which was found to be in order. The matter was fixed for passing the formal order of declaring moratorium and for appointment of Interim Resolution Professional. The key facts are the filing of the petition, the nature of the creditor as operational, and the court's consideration of the application and related documents.
The insol…
The order was d…