The case pertains to CP(IB) No.645/7/HDB/2018 filed under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016. The matter involves State Bank of India (Stressed Assets Management Branch) as the Financial Creditor and Vibha Agro Tech Limited as the Corporate Debtor.
State Bank of India (Stressed Assets Management Branch) filed a Company Petition (CP(IB) No.645/7/HDB/2018) under Section 7 of the Insolvency and Bankruptcy Code, 2016, against Vibha Agro Tech Limited. The petition was heard by the National Company Law Tribunal (NCLT), Hyderabad Bench – 1, on 2023-06-05. The NCLT pronounced orders allowing the petition and admitting Vibha Agro Tech Limited into the Corporate Insolvency Resolution Process (CIRP). A moratorium was imposed as a result of the admission into CIRP. The case was presided over by Dr. Venkata Ramakrishna Badarinath Nandula (Judicial Member) and Sh. Charan Singh (Technical Member).
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Company Petitio…
Attendance cum order…
The case pertains to CP(IB) No.645/7/HDB/2018 filed under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016. The matter involves State Bank of India (Stressed Assets Management Branch) as the Financial Creditor and Vibha Agro Tech Limited as the Corporate Debtor.
State Bank of India (Stressed Assets Management Branch) filed a Company Petition (CP(IB) No.645/7/HDB/2018) under Section 7 of the Insolvency and Bankruptcy Code, 2016, against Vibha Agro Tech Limited. The petition was heard by the National Company Law Tribunal (NCLT), Hyderabad Bench – 1, on 2023-06-05. The NCLT pronounced orders allowing the petition and admitting Vibha Agro Tech Limited into the Corporate Insolvency Resolution Process (CIRP). A moratorium was imposed as a result of the admission into CIRP. The case was presided over by Dr. Venkata Ramakrishna Badarinath Nandula (Judicial Member) and Sh. Charan Singh (Technical Member).
Company Petitio…
Attendance cum order…