State Bank of India filed a petition against Satish Kumar Soin under Section 95 of the IBC 2016. The court verified the antecedents of Mr. Kuldip Kumar Bassi and appointed him as the Resolution Professional. The court directed the issuance of a limited notice to the respondent, Satish Kumar Soin, for appearance within two weeks, with a return date of 29.09.2022. The petitioner's counsel was instructed to file an affidavit confirming the service of notice upon the respondent with proof of service. The case was listed for hearing on 29.09.2022. The appointment of the Resolution Professional is a key fact, indicating the commencement of the resolution process. The direction to issue notice to the respondent is crucial for ensuring due process.

State Bank of India filed a petition against Satish Kumar Soin under Section 95 of the IBC 2016. The court verified the antecedents of Mr. Kuldip Kumar Bassi and appointed him as the Resolution Professional. The court directed the issuance of a limited notice to the respondent, Satish Kumar Soin, for appearance within two weeks, with a return date of 29.09.2022. The petitioner's counsel was instructed to file an affidavit confirming the service of notice upon the respondent with proof of service. The case was listed for hearing on 29.09.2022. The appointment of the Resolution Professional is a key fact, indicating the commencement of the resolution process. The direction to issue notice to the respondent is crucial for ensuring due process.