The case involves an application under the Insolvency and Bankruptcy Code (IBC). The Interim Resolution Professional (IRP), Mr. Kiran Kumar Manikwar, is present. The respondent is deemed to be ex-parte due to failure to file vakalatnama within the stipulated time, despite being allowed to do so. The IRP has filed an application (IA(IBC)235/2022) seeking discharge due to medical reasons.
State Bank of India initiated proceedings as the petitioner against J. Sunitha & Vishwa Infrastructures and Services Pvt Ltd. The respondent was deemed ex-parte because their advocate, Mr. Mohammed Rhaeem, although allowed to file vakalat on his representation from 2022-02-21, failed to do so within the stipulated time. The Interim Resolution Professional (IRP), Mr. Kiran Kumar Manikwar, sought discharge from his duties due to medical reasons by filing IA(IBC)235/2022. The relevance of the respondent being ex-parte is that the proceedings can continue without their active participation. The IRP's medical reasons are relevant as they impact his ability to continue in his role.
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Mr. Mohammed Rhaeem was…
Order dated 2022-02-21, by virtue of which…
The case involves an application under the Insolvency and Bankruptcy Code (IBC). The Interim Resolution Professional (IRP), Mr. Kiran Kumar Manikwar, is present. The respondent is deemed to be ex-parte due to failure to file vakalatnama within the stipulated time, despite being allowed to do so. The IRP has filed an application (IA(IBC)235/2022) seeking discharge due to medical reasons.
State Bank of India initiated proceedings as the petitioner against J. Sunitha & Vishwa Infrastructures and Services Pvt Ltd. The respondent was deemed ex-parte because their advocate, Mr. Mohammed Rhaeem, although allowed to file vakalat on his representation from 2022-02-21, failed to do so within the stipulated time. The Interim Resolution Professional (IRP), Mr. Kiran Kumar Manikwar, sought discharge from his duties due to medical reasons by filing IA(IBC)235/2022. The relevance of the respondent being ex-parte is that the proceedings can continue without their active participation. The IRP's medical reasons are relevant as they impact his ability to continue in his role.
Mr. Mohammed Rhaeem was…
Order dated 2022-02-21, by virtue of which…