A petition was filed by a Financial Creditor under Section 95 of the Insolvency & Bankruptcy Code, 2016 (IBC). The Financial Creditor, identified as State Bank of India Stressed Assets Management Branch-II, sought to initiate insolvency proceedings against the corporate debtor, Mr. D. Srinivas Rao. The application was heard by the National Company Law Tribunal, Hyderabad Bench, on December 12, 2022. The Learned Counsel for the Financial Creditor presented their submissions and the application was perused by the Tribunal. The Financial Creditor proposed Mr. Sreenivasa Rao Ravinuthala as the Resolution Professional (RP), providing his registration number. The Tribunal, after reviewing the application, appointed Mr. Sreenivasa Rao Ravinuthala as the RP in this

A petition was filed by a Financial Creditor under Section 95 of the Insolvency & Bankruptcy Code, 2016 (IBC). The Financial Creditor, identified as State Bank of India Stressed Assets Management Branch-II, sought to initiate insolvency proceedings against the corporate debtor, Mr. D. Srinivas Rao. The application was heard by the National Company Law Tribunal, Hyderabad Bench, on December 12, 2022. The Learned Counsel for the Financial Creditor presented their submissions and the application was perused by the Tribunal. The Financial Creditor proposed Mr. Sreenivasa Rao Ravinuthala as the Resolution Professional (RP), providing his registration number. The Tribunal, after reviewing the application, appointed Mr. Sreenivasa Rao Ravinuthala as the RP in this