M/s. Stressed Assets Stabilization Fund filed a petition under Section 95 of the IBC, 2016, against Mr. N H C Siva Reddy & M/s. Sri Vishnupriya Industries Ltd. The petitioner proposed Mr. K Murali Krishna Prasad as the Resolution Professional (RP). Mr. Prasad's registration number is IBBI/IPA-001/IP-P00967/2017-18/11588. The court verified that Mr. Prasad's name appears in the IBBI database. The court then imposed an interim moratorium, preventing legal actions against the debtor and restraining creditors from initiating new proceedings. The petitioner is required to notify the respondent and the RP of the order and application.

M/s. Stressed Assets Stabilization Fund filed a petition under Section 95 of the IBC, 2016, against Mr. N H C Siva Reddy & M/s. Sri Vishnupriya Industries Ltd. The petitioner proposed Mr. K Murali Krishna Prasad as the Resolution Professional (RP). Mr. Prasad's registration number is IBBI/IPA-001/IP-P00967/2017-18/11588. The court verified that Mr. Prasad's name appears in the IBBI database. The court then imposed an interim moratorium, preventing legal actions against the debtor and restraining creditors from initiating new proceedings. The petitioner is required to notify the respondent and the RP of the order and application.