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TMI Blog2017 (8) TMI 507X X X X Extracts X X X X X X X X Extracts X X X X ..... he Applicant i/b. M/s. Raval-Shah & Co. ORDER JUDGEMENT Per V. Nallasenapathy, Member (Technical) This Company Petition is filed by Roofit Industries Ltd., u/s 10 of Insolvency and Bankruptcy Code 2016 ("the Code") r/w Rule 7 of Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules 2016 for initiation of Corporate Insolvency Resolution Process. Previously this Debtor Compa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ection 10 of the Code. The Board also proposed, Mr. Jitendra Kumar Jain, Arcindo Law, Advocate, Level 8,Vibgyor Towe, G Block, C-62, Bandra Kurla Complex, Mumbai - 400 098, Registration No. IBBI/IPA-002/IP-N00033/2016-17/10070, Email:[email protected], as interim resolution professional, who has given his consent with a declaration that no disciplinary proceedings are pending against him. 4. Th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e to them. 7. The Corporate Debtor has enclosed the audited financial statements for the year ended 31.03.2016 & 31.03.2017 and the provisional financial statement up to 17.05.2017. A list of assets and liabilities of the Corporate Debtor as on 17.05.2017 is also enclosed with the application. The Corporate Debtor also enclosed the list of Financial Creditors and Operational Creditors as on 17.05 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tor including execution of any judgment, decree or order in any court of law, tribunal, arbitration panel or other authority; transferring, encumbering, alienating or disposing of by the corporate debtor any of its assets or any legal right or beneficial interest therein; any action to foreclose, recover or enforce any security interest created by the corporate debtor in respect of its property in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... resolution plan under sub-section 1 of 31 or passes an order for liquation of corporate debtor under Section 33, as the may be. (v) That the public announcement of the corporate insolvency resolution process shall be made immediately as specified under Section 13 of the code. (vi) That this Bench hereby appoints, Mr. Jitendra Kumar Jain, Arcindo Law, Advocate Level, 8 Vibgyor Tower, G Block, C ..... X X X X Extracts X X X X X X X X Extracts X X X X
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