The case pertains to a Company Petition filed under Section 95 of the Insolvency and Bankruptcy Code (IBC), 2016. The petitioner, Bank of Maharashtra, sought an interim moratorium and the appointment of a Resolution Professional. The court examined the petition, including the Deed of Guarantee, and found that the petition met the requirements of Section 95(4) of the Code.
Bank of Maharashtra filed a Company Petition under Section 95 of the IBC, 2016, seeking an interim moratorium and the appointment of a Resolution Professional. The petition was accompanied by the necessary documents, including a Deed of Guarantee. The court found that the petition met the requirements of Section 95(4) of the Code, establishing a prima facie case for the requested relief. The petitioner proposed an Insolvency Professional, and the court appointed Shri. Golla Ramakantha Rao as the Resolution Professional. The Resolution Professional is required to submit a report within 10 days, and the petitioner must inform the Resolution Professional of the appointment. The case is related to the insolvency resolution of Shri. Yelimali Venkatesh (Anna Eco Logiks
…Sign in to view the parties.
Hearing he…
Matter listed for…
The case pertains to a Company Petition filed under Section 95 of the Insolvency and Bankruptcy Code (IBC), 2016. The petitioner, Bank of Maharashtra, sought an interim moratorium and the appointment of a Resolution Professional. The court examined the petition, including the Deed of Guarantee, and found that the petition met the requirements of Section 95(4) of the Code.
Bank of Maharashtra filed a Company Petition under Section 95 of the IBC, 2016, seeking an interim moratorium and the appointment of a Resolution Professional. The petition was accompanied by the necessary documents, including a Deed of Guarantee. The court found that the petition met the requirements of Section 95(4) of the Code, establishing a prima facie case for the requested relief. The petitioner proposed an Insolvency Professional, and the court appointed Shri. Golla Ramakantha Rao as the Resolution Professional. The Resolution Professional is required to submit a report within 10 days, and the petitioner must inform the Resolution Professional of the appointment. The case is related to the insolvency resolution of Shri. Yelimali Venkatesh (Anna Eco Logiks
…Hearing he…
Matter listed for…