Rajiv Agarwal & CRS filed a petition under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016, against Today Homes & Infrastructure Pvt. Ltd. seeking to initiate a corporate insolvency resolution process. However, the court noted that a similar petition against the same corporate debtor had already been admitted in the case of Dynacon Projects Pvt. Ltd. v. Today Homes and Infrastructure Pvt. Ltd. The order in the Dynacon Projects case was dated 31.10.2019. Section 11 of the IBC prohibits the initiation of another corporate insolvency process against a corporate debtor already undergoing such a process. The court appointed Mr. Deepak Bansal as the Insolvency Professional in the existing insolvency process.

Rajiv Agarwal & CRS filed a petition under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016, against Today Homes & Infrastructure Pvt. Ltd. seeking to initiate a corporate insolvency resolution process. However, the court noted that a similar petition against the same corporate debtor had already been admitted in the case of Dynacon Projects Pvt. Ltd. v. Today Homes and Infrastructure Pvt. Ltd. The order in the Dynacon Projects case was dated 31.10.2019. Section 11 of the IBC prohibits the initiation of another corporate insolvency process against a corporate debtor already undergoing such a process. The court appointed Mr. Deepak Bansal as the Insolvency Professional in the existing insolvency process.