The case pertains to a Company Petition filed under Section 95 of the Insolvency and Bankruptcy Code (IBC). The petitioner is Central Bank of India, and the respondent is Rajvir Industries Ltd. The hearing was conducted via video conference. The respondents requested time to file a counter, which was granted with a deadline of seven days.
Central Bank of India filed a Company Petition against Rajvir Industries Ltd under Section 95 of the IBC. The court convened a hearing via video conference. The respondents requested time to file a counter-affidavit. The petitioner proposed Dr. Kondapalli Venkat Srinivas as the Interim Resolution Professional (IRP). The court appointed Dr. Srinivas as the IRP and imposed an interim moratorium, preventing legal actions against the debtor. The IRP is required to file a report within 10 days. The case was adjourned to 17.11.2021.
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Hearing held on…
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The case pertains to a Company Petition filed under Section 95 of the Insolvency and Bankruptcy Code (IBC). The petitioner is Central Bank of India, and the respondent is Rajvir Industries Ltd. The hearing was conducted via video conference. The respondents requested time to file a counter, which was granted with a deadline of seven days.
Central Bank of India filed a Company Petition against Rajvir Industries Ltd under Section 95 of the IBC. The court convened a hearing via video conference. The respondents requested time to file a counter-affidavit. The petitioner proposed Dr. Kondapalli Venkat Srinivas as the Interim Resolution Professional (IRP). The court appointed Dr. Srinivas as the IRP and imposed an interim moratorium, preventing legal actions against the debtor. The IRP is required to file a report within 10 days. The case was adjourned to 17.11.2021.
Hearing held on…
Respondents giv…