State Bank of India filed a Company Petition (IB/130/2022) against Ms. K. Suresh Reddy & Chadalvada Infratech Ltd. under Section 95 of the IBC, 2016. The court, after hearing the learned counsel for the petitioner, noted the commencement of the interim moratorium under Section 96(1)(a) of the I&B Code, 2016. Shri Maligi Madhusudhana Reddy was appointed as the IRP and directed 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. The commencement of the interim moratorium is a key fact, as it stays any legal action or proceeding pending in respect of any debt and prevents creditors from initiating any

State Bank of India filed a Company Petition (IB/130/2022) against Ms. K. Suresh Reddy & Chadalvada Infratech Ltd. under Section 95 of the IBC, 2016. The court, after hearing the learned counsel for the petitioner, noted the commencement of the interim moratorium under Section 96(1)(a) of the I&B Code, 2016. Shri Maligi Madhusudhana Reddy was appointed as the IRP and directed 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. The commencement of the interim moratorium is a key fact, as it stays any legal action or proceeding pending in respect of any debt and prevents creditors from initiating any