The case pertains to a Company Petition IB/130/2022 under Section 95 of the Insolvency and Bankruptcy Code (IBC), 2016. The hearing was held on April 20, 2022, via video conference. State Bank of India is the petitioner, and Ms. K. Suresh Reddy & Chadalvada Infratech Ltd. are the respondents.
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 initiated an interim moratorium under Section 96(1)(a) of the I&B Code, 2016, which stays any legal action or proceeding pending in respect of any debt. Shri Maligi Madhusudhana Reddy was appointed as the IRP and is required to file a report under Section 99 of the I&B Code, 2016, within 10 days. The petitioner's counsel is directed to issue notice to the respondents and file proof of service. The matter is adjourned to 13.05.2022.
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Hearing held on April…
Interim moratorium commences from the date of…
The case pertains to a Company Petition IB/130/2022 under Section 95 of the Insolvency and Bankruptcy Code (IBC), 2016. The hearing was held on April 20, 2022, via video conference. State Bank of India is the petitioner, and Ms. K. Suresh Reddy & Chadalvada Infratech Ltd. are the respondents.
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 initiated an interim moratorium under Section 96(1)(a) of the I&B Code, 2016, which stays any legal action or proceeding pending in respect of any debt. Shri Maligi Madhusudhana Reddy was appointed as the IRP and is required to file a report under Section 99 of the I&B Code, 2016, within 10 days. The petitioner's counsel is directed to issue notice to the respondents and file proof of service. The matter is adjourned to 13.05.2022.
Hearing held on April…
Interim moratorium commences from the date of…