The case involves a petition filed under Section 95 of the Insolvency & Bankruptcy Code, 2016 (IBC) by a Financial Creditor. The Financial Creditor proposed Mr. Harish Kant Kaushik as the Resolution Professional (RP).
A petition was filed under Section 95 of the Insolvency & Bankruptcy Code, 2016 (IBC) by a Financial Creditor. The Financial Creditor proposed Mr. Harish Kant Kaushik as the Resolution Professional (RP). The court heard the counsel for the Financial Creditor and perused the record. The court appointed Mr. Harish Kant Kaushik as RP and directed him to submit a report under Section 99 of IBC within 10 days. An interim moratorium commenced from the date of filing the petition under Section 95 of I&B Code, 2016. Any legal action or proceeding pending in respect of any debt shall be deemed to have been stayed, and the creditors of the debtor shall not initiate any legal action or proceedings in respect of any debt. The petitioner is directed to issue notice to the
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Hearing of the National…
The matter is a…
The case involves a petition filed under Section 95 of the Insolvency & Bankruptcy Code, 2016 (IBC) by a Financial Creditor. The Financial Creditor proposed Mr. Harish Kant Kaushik as the Resolution Professional (RP).
A petition was filed under Section 95 of the Insolvency & Bankruptcy Code, 2016 (IBC) by a Financial Creditor. The Financial Creditor proposed Mr. Harish Kant Kaushik as the Resolution Professional (RP). The court heard the counsel for the Financial Creditor and perused the record. The court appointed Mr. Harish Kant Kaushik as RP and directed him to submit a report under Section 99 of IBC within 10 days. An interim moratorium commenced from the date of filing the petition under Section 95 of I&B Code, 2016. Any legal action or proceeding pending in respect of any debt shall be deemed to have been stayed, and the creditors of the debtor shall not initiate any legal action or proceedings in respect of any debt. The petitioner is directed to issue notice to the
…Hearing of the National…
The matter is a…