Ratyal Construction Pvt. Ltd. filed a petition against Umang Realtech Pvt. Ltd. under Section 9 of the Insolvency & Bankruptcy Code, 2016. Prior to this petition, a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016 had already been admitted against Umang Realtech Pvt. Ltd. in the case of Rachna Singh & anr. v. M/s. Umang Realtech Pvt. Limited, [(IB)-1564(PB)/2018] vide order dated 20.08.2019. Section 11 of the Code, 2016, prohibits initiating another Corporate Insolvency Process against a corporate debtor already undergoing such a process. The Insolvency Professional for Umang Realtech Pvt. Ltd. is Mr. Manish Kumar Gupta.

Ratyal Construction Pvt. Ltd. filed a petition against Umang Realtech Pvt. Ltd. under Section 9 of the Insolvency & Bankruptcy Code, 2016. Prior to this petition, a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016 had already been admitted against Umang Realtech Pvt. Ltd. in the case of Rachna Singh & anr. v. M/s. Umang Realtech Pvt. Limited, [(IB)-1564(PB)/2018] vide order dated 20.08.2019. Section 11 of the Code, 2016, prohibits initiating another Corporate Insolvency Process against a corporate debtor already undergoing such a process. The Insolvency Professional for Umang Realtech Pvt. Ltd. is Mr. Manish Kumar Gupta.