The case involves an application for the approval of the appointment of Mr. Pradeep Kumar Ray as the Interim Resolution Professional (IRP) to act as the Resolution Professional (RP) in the Corporate Insolvency Resolution Process (CIRP) of the Corporate Debtor. The application was filed under Section 22(3)(a) read with Section 60(5) of the Insolvency and Bankruptcy Code (IBC) 2016, along with the IBBI (IRP for CP) Regulations 2016.
M/s. Naman Infra Developers Pvt. Ltd. filed a petition against M/s. Sadhna Media Pvt. Ltd. under Section 7 of the IBC Code, 2016. An application was made to approve the appointment of Mr. Pradeep Kumar Ray as the Interim Resolution Professional (IRP) to act as the Resolution Professional (RP) in the Corporate Insolvency Resolution Process (CIRP) of the Corporate Debtor. The applicant sought approval for this appointment, and the court considered the submissions and the consent of the IRP.
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Order delivered on the application for approving…
The case involves an application for the approval of the appointment of Mr. Pradeep Kumar Ray as the Interim Resolution Professional (IRP) to act as the Resolution Professional (RP) in the Corporate Insolvency Resolution Process (CIRP) of the Corporate Debtor. The application was filed under Section 22(3)(a) read with Section 60(5) of the Insolvency and Bankruptcy Code (IBC) 2016, along with the IBBI (IRP for CP) Regulations 2016.
M/s. Naman Infra Developers Pvt. Ltd. filed a petition against M/s. Sadhna Media Pvt. Ltd. under Section 7 of the IBC Code, 2016. An application was made to approve the appointment of Mr. Pradeep Kumar Ray as the Interim Resolution Professional (IRP) to act as the Resolution Professional (RP) in the Corporate Insolvency Resolution Process (CIRP) of the Corporate Debtor. The applicant sought approval for this appointment, and the court considered the submissions and the consent of the IRP.
Order delivered on the application for approving…