The case involves an application under the Insolvency and Bankruptcy Code (IBC). The Interim Resolution Professional (IRP), Mr. Kiran Kumar Manikwar, filed an IA(IBC)235/2022 seeking discharge due to medical reasons. The respondent was deemed ex-parte due to failure to file vakalatnama within the stipulated time, as per the order dated 21.02.2022.
State Bank of India initiated proceedings against M Laxmi Prasanna & Vishwa Infrastructures And Services Pvt Ltd. Mr. Mohammed Rhaeem, the learned advocate for the personal guarantor, was allowed to file vakalat on his representation from 21.02.2022, but failed to do so within the stipulated time. Consequently, the respondent was deemed ex-parte by virtue of the order dated 21.02.2022. The IRP, Mr. Kiran Kumar Manikwar, filed IA(IBC)235/2022 seeking discharge due to medical reasons. The Tribunal considered the submission and discharged Mr. Kiran Kumar Manikwar as IRP. The matter is listed for consideration on 21-03-2022.
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Order issued deeming…
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The case involves an application under the Insolvency and Bankruptcy Code (IBC). The Interim Resolution Professional (IRP), Mr. Kiran Kumar Manikwar, filed an IA(IBC)235/2022 seeking discharge due to medical reasons. The respondent was deemed ex-parte due to failure to file vakalatnama within the stipulated time, as per the order dated 21.02.2022.
State Bank of India initiated proceedings against M Laxmi Prasanna & Vishwa Infrastructures And Services Pvt Ltd. Mr. Mohammed Rhaeem, the learned advocate for the personal guarantor, was allowed to file vakalat on his representation from 21.02.2022, but failed to do so within the stipulated time. Consequently, the respondent was deemed ex-parte by virtue of the order dated 21.02.2022. The IRP, Mr. Kiran Kumar Manikwar, filed IA(IBC)235/2022 seeking discharge due to medical reasons. The Tribunal considered the submission and discharged Mr. Kiran Kumar Manikwar as IRP. The matter is listed for consideration on 21-03-2022.
Order issued deeming…
Hearing held on…