The case pertains to Company Petition IB/128/2022 filed under Section 95 of the Insolvency and Bankruptcy Code (IBC), 2016. The petition was heard by the National Company Law Tribunal (NCLT), Hyderabad Bench – 1. The hearing was conducted through video conference on 20-04-2022. The petitioner is State Bank of India, and the respondents are Ms. K. Ramesh Reddy & Chadalvada Infratech Ltd. The court initiated an interim moratorium.
State Bank of India filed a Company Petition IB/128/2022 under Section 95 of the IBC, 2016, against Ms. K. Ramesh Reddy & Chadalvada Infratech Ltd. The NCLT Hyderabad Bench-1 heard the matter on 20-04-2022 via video conference. The court initiated an interim moratorium under Section 96(1)(a) of the I&B Code, 2016. Shri Maligi Madhusudhana Reddy was appointed as the IRP with a direction to file a report under Section 99 of the I&B Code, 2016, within 10 days. The petitioner's counsel was directed to issue notice to the respondents and file proof of service. The matter was adjourned to 13.05.2022.
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Hearing held on…
Interim moratorium commences from the date of…
The case pertains to Company Petition IB/128/2022 filed under Section 95 of the Insolvency and Bankruptcy Code (IBC), 2016. The petition was heard by the National Company Law Tribunal (NCLT), Hyderabad Bench – 1. The hearing was conducted through video conference on 20-04-2022. The petitioner is State Bank of India, and the respondents are Ms. K. Ramesh Reddy & Chadalvada Infratech Ltd. The court initiated an interim moratorium.
State Bank of India filed a Company Petition IB/128/2022 under Section 95 of the IBC, 2016, against Ms. K. Ramesh Reddy & Chadalvada Infratech Ltd. The NCLT Hyderabad Bench-1 heard the matter on 20-04-2022 via video conference. The court initiated an interim moratorium under Section 96(1)(a) of the I&B Code, 2016. Shri Maligi Madhusudhana Reddy was appointed as the IRP with a direction to file a report under Section 99 of the I&B Code, 2016, within 10 days. The petitioner's counsel was directed to issue notice to the respondents and file proof of service. The matter was adjourned to 13.05.2022.
Hearing held on…
Interim moratorium commences from the date of…