IA(IBC) 1284/2025 in CP(IB) No. 69/9/HDB/2023 was filed by the Resolution Professional of M/s. Naoline Infrastructure Private Limited against the Assistant Commissioner of Income Tax, seeking to set aside the Orders passed by the Assistant Commissioner of Income Tax during the moratorium period.
M/s. Mytrah Vayu (Som) Private Limited initiated CIRP against GVK Transportation Pvt Ltd under Section 9 of IBC, 2016.
The Tribunal admitted the Corporate Debtor into CIRP on 04.06.2024.
Mr. Pankaj Bhattad was initially appointed as the Interim Resolution Professional (IRP).
Mr. Maligi Madhusudhana Reddy was later appointed as the Resolution Professional (RP).
The CoC was formed with five financial creditors, including Canara Bank, UCO Bank, Karnataka Bank Limited, Indian Overseas Bank, and Union Bank of India.
The CoC resolved with 100% voting share to liquidate the Corporate Debtor under Section 33(2) of the Insolvency and Bankruptcy Code, 2016.
The Resolution Professional filed an application seeking an order for liquidation of the Corporate Debtor.
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Orders pronounced for various IAs, including…
Corporate Debtor admitted into Corporate…
IA(IBC) 1284/2025 in CP(IB) No. 69/9/HDB/2023 was filed by the Resolution Professional of M/s. Naoline Infrastructure Private Limited against the Assistant Commissioner of Income Tax, seeking to set aside the Orders passed by the Assistant Commissioner of Income Tax during the moratorium period.
M/s. Mytrah Vayu (Som) Private Limited initiated CIRP against GVK Transportation Pvt Ltd under Section 9 of IBC, 2016.
The Tribunal admitted the Corporate Debtor into CIRP on 04.06.2024.
Mr. Pankaj Bhattad was initially appointed as the Interim Resolution Professional (IRP).
Mr. Maligi Madhusudhana Reddy was later appointed as the Resolution Professional (RP).
The CoC was formed with five financial creditors, including Canara Bank, UCO Bank, Karnataka Bank Limited, Indian Overseas Bank, and Union Bank of India.
The CoC resolved with 100% voting share to liquidate the Corporate Debtor under Section 33(2) of the Insolvency and Bankruptcy Code, 2016.
The Resolution Professional filed an application seeking an order for liquidation of the Corporate Debtor.
…Orders pronounced for various IAs, including…
Corporate Debtor admitted into Corporate…