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TMI Blog2018 (4) TMI 1881X X X X Extracts X X X X X X X X Extracts X X X X ..... for the Petitioner was directed to rectify the defect in the Form 5 and serve a copy on the Corporate Debtor. Accordingly, the Petitioner complied with the direction and filed proof of service, however on 17.04.2018 also there was no representation on the side of the Corporate Debtor. This Bench having satisfied with the Application filed by the operational creditor which is in compliance of provisions of section B 9 of the Insolvency and Bankruptcy Code admits this Application declaring Moratorium. Petition allowed. - C.P. No.297/I&BPl201B - - - Dated:- 18-4-2018 - Bhaskara Pantula Mohan And V. Nallasenapathy, JJ. For the Petitioner : Ms. Savita Nangare, Adv. For the Respondent:None Present. ORDER V. Nallas ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... orate Debtor appeared for the two hearings on 13.03.2018 and 19.03.2018, failed to appear on 03.04.2018, 05.04.2018, 13.04.2018 and 17.04.2018. Since the date of default was wrongly mentioned in the Petition the Counsel for the Petitioner was directed to rectify the defect in the Form 5 and serve a copy on the Corporate Debtor. Accordingly, the Petitioner complied with the direction and filed proof of service, however on 17.04.2018 also there was no representation on the side of the Corporate Debtor. 5. The Petitioner has mentioned Mr. VinodkumarAmbavat, Reg. No. IBBI/IPA-001-IP-P0042012017-18/10743, having address at Room No. 40, 9/15 Morarji Velji Bldg., 1st Floor, Dr. M. B. Velkar Street, Kalbadevi Road, Mumbai - 400002, as Interim Re ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ave effect from 18.04.2018 till the completion of the corporate insolvency resolution process or until this Bench approves the resolution plan under sub-section (1) of section 31 or passes an order for liquidation of corporate debtor under section 33, as the case 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) Mr. Vinodkumar Ambavat, Reg. No. IBBI/I.A-001-IP.P00420/2017-18/10743, having address at Room No. 40, 9/15 Morarji Velji Bldg., 1st Floor, Dr. M. B, Velkar Street, Kalbadevi Road, Mumbai - 400002, as Interim Resolution professional to carry the functions as mentioned under Insolvency Bankruptcy Code. 7. Accordingl ..... X X X X Extracts X X X X X X X X Extracts X X X X
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