The case pertains to a Company Petition/Application filed under the Insolvency and Bankruptcy Code (IBC). The application was filed under section 95 of IBC. The court is hearing the matter through video conference.
The State Bank of India filed a Company Petition/Application against Varam Bio Energy Ltd. The court is addressing the commencement of an interim moratorium under section 96(1)(a) of the I&B Code, 2016. Shri Dantu Indu Sekhar is appointed as the Interim Resolution Professional (IRP). The IRP is directed to file a report under section 99 of the I&B Code, 2016, within 10 days of his appointment. The respondents are directed to file a reply within two weeks by providing copies to the petitioners. The petitioners are granted two weeks thereafter to file a rejoinder. The matter is adjourned to 2021-09-08.
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Hearing he…
Shri Dantu Ind…
The case pertains to a Company Petition/Application filed under the Insolvency and Bankruptcy Code (IBC). The application was filed under section 95 of IBC. The court is hearing the matter through video conference.
The State Bank of India filed a Company Petition/Application against Varam Bio Energy Ltd. The court is addressing the commencement of an interim moratorium under section 96(1)(a) of the I&B Code, 2016. Shri Dantu Indu Sekhar is appointed as the Interim Resolution Professional (IRP). The IRP is directed to file a report under section 99 of the I&B Code, 2016, within 10 days of his appointment. The respondents are directed to file a reply within two weeks by providing copies to the petitioners. The petitioners are granted two weeks thereafter to file a rejoinder. The matter is adjourned to 2021-09-08.
Hearing he…
Shri Dantu Ind…