State Bank of India filed a petition against Neeraj Saluja under Section 95 of the Insolvency and Bankruptcy Code, 2016. The case is CP (IB) No. 242/Chd/Pb/2021. Mr. Mohit Chawla's credentials as an Insolvency Professional were verified by the registry, and he was appointed as the Resolution Professional under Section 97 of the I&B Code, 2016. The respondent, Neeraj Saluja, through his counsel, intends to file an objection to the maintainability of the petition, arguing that the debt has already been settled in the CIRP process. The court has directed the respondent to file the objection within two weeks and listed the matter for further hearing on 02.12.2022. The fact that the debt is claimed to be settled in CIRP is a key fact.

State Bank of India filed a petition against Neeraj Saluja under Section 95 of the Insolvency and Bankruptcy Code, 2016. The case is CP (IB) No. 242/Chd/Pb/2021. Mr. Mohit Chawla's credentials as an Insolvency Professional were verified by the registry, and he was appointed as the Resolution Professional under Section 97 of the I&B Code, 2016. The respondent, Neeraj Saluja, through his counsel, intends to file an objection to the maintainability of the petition, arguing that the debt has already been settled in the CIRP process. The court has directed the respondent to file the objection within two weeks and listed the matter for further hearing on 02.12.2022. The fact that the debt is claimed to be settled in CIRP is a key fact.