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 (G S Oils Limited). The petitioner sought an interim moratorium and the appointment of 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 included a copy of the Deed of Guarantee. The petitioner requested an interim moratorium and the appointment of a Resolution Professional. The court found that the documents met the requirements of Section 95(4) of the Code, establishing a prima facie case. 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 commences from the date of the application and ceases on the date of admission of such application. During the
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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 (G S Oils Limited). The petitioner sought an interim moratorium and the appointment of 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 included a copy of the Deed of Guarantee. The petitioner requested an interim moratorium and the appointment of a Resolution Professional. The court found that the documents met the requirements of Section 95(4) of the Code, establishing a prima facie case. 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 commences from the date of the application and ceases on the date of admission of such application. During the
…Hearing he…
Matter listed for…