The case involves an application under Section 95 of the Insolvency and Bankruptcy Code (IBC), 2016. The petitioner, Bank of Maharastra, has proposed Shri Murali mohan Chevuturi as the Resolution Professional. The court is considering the appointment of the proposed Resolution Professional and the commencement of an interim moratorium.
Bank of Maharastra filed a case as the petitioner. Smt. V Swarna and M/s SVSVS Projects Pvt Ltd are the respondents. The petitioner proposed Shri Murali mohan Chevuturi as the Resolution Professional, whose name appears on the IBBI database. The court appointed Shri Murali mohan Chevuturi as the Resolution Professional and ordered an interim moratorium. The interim moratorium, under Section 96 of the IBC, 2016, stays any legal action or proceeding pending in respect of any debt and prevents creditors from initiating any legal action or proceedings in respect of any debt. The matter was adjourned to 30.06.2022.
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Hearing held on…
Shri Murali mohan…
The case involves an application under Section 95 of the Insolvency and Bankruptcy Code (IBC), 2016. The petitioner, Bank of Maharastra, has proposed Shri Murali mohan Chevuturi as the Resolution Professional. The court is considering the appointment of the proposed Resolution Professional and the commencement of an interim moratorium.
Bank of Maharastra filed a case as the petitioner. Smt. V Swarna and M/s SVSVS Projects Pvt Ltd are the respondents. The petitioner proposed Shri Murali mohan Chevuturi as the Resolution Professional, whose name appears on the IBBI database. The court appointed Shri Murali mohan Chevuturi as the Resolution Professional and ordered an interim moratorium. The interim moratorium, under Section 96 of the IBC, 2016, stays any legal action or proceeding pending in respect of any debt and prevents creditors from initiating any legal action or proceedings in respect of any debt. The matter was adjourned to 30.06.2022.
Hearing held on…
Shri Murali mohan…