Power Finance Corporation filed a petition under Section 95 of the Insolvency & Bankruptcy Code, 2016 (IBC) against Sreenivas Motupalli, who is the respondent in this case. The petition was filed by the Financial Creditor. The court admitted the petition and declared an interim moratorium. Ms. T.K.Sharada was appointed as the Resolution Professional (RP). The RP is required to file a report under Section 99 of the IBC within 10 days from the date of her appointment. The petitioner is directed to intimate a copy of the order along with the application to the RP and file proof of the same in the Registry. The petitioner is also directed to issue notice to the Respondent and file proof of the same by way of an Affidavit. The petitioner is directed to pay Rs. 50,000 to

Power Finance Corporation filed a petition under Section 95 of the Insolvency & Bankruptcy Code, 2016 (IBC) against Sreenivas Motupalli, who is the respondent in this case. The petition was filed by the Financial Creditor. The court admitted the petition and declared an interim moratorium. Ms. T.K.Sharada was appointed as the Resolution Professional (RP). The RP is required to file a report under Section 99 of the IBC within 10 days from the date of her appointment. The petitioner is directed to intimate a copy of the order along with the application to the RP and file proof of the same in the Registry. The petitioner is also directed to issue notice to the Respondent and file proof of the same by way of an Affidavit. The petitioner is directed to pay Rs. 50,000 to