State Bank of India filed a Company Petition IB/126/2022 against Ms. T. Pavani & Chadalvada Infratech Ltd. under Section 95 of the IBC, 2016. The court convened a hearing on 20-04-2022. The court acknowledged the commencement of an interim moratorium under Section 96(1)(a) of the IBC, 2016, upon the filing of the application. Shri Maligi Madhusudhana Reddy was appointed as the IRP. The IRP is required to submit a report within 10 days as per Section 99 of the IBC, 2016. The petitioner's counsel is instructed to notify the respondents and provide proof of service. The case was adjourned to 13.05.2022. The interim moratorium prevents any legal action or proceedings against the debtor and prohibits creditors from initiating any new legal actions.

State Bank of India filed a Company Petition IB/126/2022 against Ms. T. Pavani & Chadalvada Infratech Ltd. under Section 95 of the IBC, 2016. The court convened a hearing on 20-04-2022. The court acknowledged the commencement of an interim moratorium under Section 96(1)(a) of the IBC, 2016, upon the filing of the application. Shri Maligi Madhusudhana Reddy was appointed as the IRP. The IRP is required to submit a report within 10 days as per Section 99 of the IBC, 2016. The petitioner's counsel is instructed to notify the respondents and provide proof of service. The case was adjourned to 13.05.2022. The interim moratorium prevents any legal action or proceedings against the debtor and prohibits creditors from initiating any new legal actions.