The main application, IBA/1062/2019, was filed by Mr. B. Madhav, a Practising Company Secretary, under Section 9 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016. This application sought the initiation of the Corporate Insolvency Resolution Process (CIRP) against M/s. Rocana Infrastructure Private Limited due to a default in paying Rs. 2,83,185/- for secretarial services rendered by the Operational Creditor. The Adjudicating Authority, on January 20, 2020, ordered the commencement of CIRP and appointed Mrs. Renuka Devi Rangaswamy as the Interim Resolution Professional.

The main application, IBA/1062/2019, was filed by Mr. B. Madhav, a Practising Company Secretary, under Section 9 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016. This application sought the initiation of the Corporate Insolvency Resolution Process (CIRP) against M/s. Rocana Infrastructure Private Limited due to a default in paying Rs. 2,83,185/- for secretarial services rendered by the Operational Creditor. The Adjudicating Authority, on January 20, 2020, ordered the commencement of CIRP and appointed Mrs. Renuka Devi Rangaswamy as the Interim Resolution Professional.