The case pertains to a company petition filed under Section 95 of the Insolvency and Bankruptcy Code (IBC), 2016. The petition was filed by State Bank of India (Stressed Assets Management Branch) against Mr. M.Haranadha Babu. The hearing was held on April 4, 2022, via video conference.
State Bank of India (Stressed Assets Management Branch) filed a company petition against Mr. M.Haranadha Babu under Section 95 of the IBC, 2016. The hearing took place on April 4, 2022. The court initiated an interim moratorium from the date of filing the petition, as per Section 96(1)(a) of the I&B Code, 2016. Legal actions are governed under Section 96(1)(b) of IBC. Shri Maligi Madhusudhana Reddy was appointed as the IRP and is required to submit a report within 10 days under Section 99 of IBC. The respondents have one week to file a reply, and the petitioner has one week thereafter to file a rejoinder. The matter was adjourned to April 29, 2022.
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Hearing held on…
Interim Moratorium commences from the date of…
The case pertains to a company petition filed under Section 95 of the Insolvency and Bankruptcy Code (IBC), 2016. The petition was filed by State Bank of India (Stressed Assets Management Branch) against Mr. M.Haranadha Babu. The hearing was held on April 4, 2022, via video conference.
State Bank of India (Stressed Assets Management Branch) filed a company petition against Mr. M.Haranadha Babu under Section 95 of the IBC, 2016. The hearing took place on April 4, 2022. The court initiated an interim moratorium from the date of filing the petition, as per Section 96(1)(a) of the I&B Code, 2016. Legal actions are governed under Section 96(1)(b) of IBC. Shri Maligi Madhusudhana Reddy was appointed as the IRP and is required to submit a report within 10 days under Section 99 of IBC. The respondents have one week to file a reply, and the petitioner has one week thereafter to file a rejoinder. The matter was adjourned to April 29, 2022.
Hearing held on…
Interim Moratorium commences from the date of…