The case pertains to an application filed under Section 95 of the Insolvency and Bankruptcy Code (IBC), 2016. The State Bank of India, acting as the Financial Creditor, filed a petition against Mr. Manoj Kumar Agarwal, the Respondent. The Company Petition included a Deed of Guarantee. The court found a prima facie case for ordering an interim moratorium and appointing a Resolution Professional.
State Bank of India (Stressed Assets Management Branch) filed a petition against Mr. Manoj Kumar Agarwal (G S Oils Limited) under Section 95 of the IBC, 2016. The petition was accompanied by a Deed of Guarantee. The court found that the documents required under Section 95(4) of the IBC were present and that a prima facie case was made out for ordering an interim moratorium and appointing a Resolution Professional. The court then ordered an interim moratorium and appointed Shri. Dommeti Surya Rama Krishna Saibaba as the Resolution Professional. The Resolution Professional was directed to file a report within 10 days. The interim-moratorium shall commence on the date of the above application in relation to all the debts and shall cease to have effect on the date of
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The case pertains to an application filed under Section 95 of the Insolvency and Bankruptcy Code (IBC), 2016. The State Bank of India, acting as the Financial Creditor, filed a petition against Mr. Manoj Kumar Agarwal, the Respondent. The Company Petition included a Deed of Guarantee. The court found a prima facie case for ordering an interim moratorium and appointing a Resolution Professional.
State Bank of India (Stressed Assets Management Branch) filed a petition against Mr. Manoj Kumar Agarwal (G S Oils Limited) under Section 95 of the IBC, 2016. The petition was accompanied by a Deed of Guarantee. The court found that the documents required under Section 95(4) of the IBC were present and that a prima facie case was made out for ordering an interim moratorium and appointing a Resolution Professional. The court then ordered an interim moratorium and appointed Shri. Dommeti Surya Rama Krishna Saibaba as the Resolution Professional. The Resolution Professional was directed to file a report within 10 days. The interim-moratorium shall commence on the date of the above application in relation to all the debts and shall cease to have effect on the date of
…Hearing he…
Matter listed for…