The case involves an application under the I&B Code, 2016. The court is considering the commencement of an interim moratorium following the filing of the application. The legal actions are governed by Section 96 of the I&B Code, 2016.
The State Bank of India filed a company petition against PPS Enviro Power Pvt Ltd under Section 95 of the IBC. The court is considering the commencement of an interim moratorium. The court has appointed Shri Krishnasamy Vasudevan as the Interim Resolution Professional (IRP). The IRP is required to file a report under Section 99 of the I&B Code within 10 days. The respondents are required to file a reply within two weeks, and the petitioners may file a rejoinder within two weeks thereafter. The matter is adjourned to 01.09.2021.
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Hearing he…
Shri Krishn…
The case involves an application under the I&B Code, 2016. The court is considering the commencement of an interim moratorium following the filing of the application. The legal actions are governed by Section 96 of the I&B Code, 2016.
The State Bank of India filed a company petition against PPS Enviro Power Pvt Ltd under Section 95 of the IBC. The court is considering the commencement of an interim moratorium. The court has appointed Shri Krishnasamy Vasudevan as the Interim Resolution Professional (IRP). The IRP is required to file a report under Section 99 of the I&B Code within 10 days. The respondents are required to file a reply within two weeks, and the petitioners may file a rejoinder within two weeks thereafter. The matter is adjourned to 01.09.2021.
Hearing he…
Shri Krishn…