The case pertains to CP (IB) No. 395/95/HDB/2022 under Section 95 of the Insolvency and Bankruptcy Code (IBC), 2016. The matter involves State Bank of India as the petitioner and Mr. Vangala Bikshapathi (M/s. Maruthi Tubes Private Limited) as the respondent. The National Company Law Tribunal (NCLT), Hyderabad Bench – 1, is hearing the case in VC and Physcial (Hybrid) mode.
State Bank of India filed a petition against Mr. Vangala Bikshapathi (M/s. Maruthi Tubes Private Limited) under Section 95 of the IBC, 2016. The NCLT, Hyderabad Bench – 1, appointed Shri. Sreenivasa Rao Ravinuthala as the Resolution Professional, referencing a prior Supreme Court judgment in Surendra B. Jiwrajka vs Omkara Assets Reconstruction Private Limited. The Resolution Professional's registration number is IBBI/IPA-003/IP-N00081/2017-2018/10704, and their contact details are provided. The petitioner is required to pay Rs. 50,000 for initial expenses, and the matter is adjourned to 26.02.2024 for report.
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Attendance cum order…
Matter stands a…
The case pertains to CP (IB) No. 395/95/HDB/2022 under Section 95 of the Insolvency and Bankruptcy Code (IBC), 2016. The matter involves State Bank of India as the petitioner and Mr. Vangala Bikshapathi (M/s. Maruthi Tubes Private Limited) as the respondent. The National Company Law Tribunal (NCLT), Hyderabad Bench – 1, is hearing the case in VC and Physcial (Hybrid) mode.
State Bank of India filed a petition against Mr. Vangala Bikshapathi (M/s. Maruthi Tubes Private Limited) under Section 95 of the IBC, 2016. The NCLT, Hyderabad Bench – 1, appointed Shri. Sreenivasa Rao Ravinuthala as the Resolution Professional, referencing a prior Supreme Court judgment in Surendra B. Jiwrajka vs Omkara Assets Reconstruction Private Limited. The Resolution Professional's registration number is IBBI/IPA-003/IP-N00081/2017-2018/10704, and their contact details are provided. The petitioner is required to pay Rs. 50,000 for initial expenses, and the matter is adjourned to 26.02.2024 for report.
Attendance cum order…
Matter stands a…