Bank of Baroda Ltd. filed a petition under Section 95 of the Insolvency & Bankruptcy Code, 2016 (IBC) against Mrs. G. Sulochanamma. The Financial Creditor proposed Mr. Harish Kant Kaushik as the Resolution Professional (RP). The court appointed Mr. Kaushik as the RP and directed him to submit a report under Section 99 of the IBC within 10 days. An interim moratorium was declared, effective from the date of filing the petition, with the condition that 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 Respondent and file proof of the same by way of an Affidavit.

Bank of Baroda Ltd. filed a petition under Section 95 of the Insolvency & Bankruptcy Code, 2016 (IBC) against Mrs. G. Sulochanamma. The Financial Creditor proposed Mr. Harish Kant Kaushik as the Resolution Professional (RP). The court appointed Mr. Kaushik as the RP and directed him to submit a report under Section 99 of the IBC within 10 days. An interim moratorium was declared, effective from the date of filing the petition, with the condition that 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 Respondent and file proof of the same by way of an Affidavit.