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TMI Blog2022 (2) TMI 459X X X X Extracts X X X X X X X X Extracts X X X X ..... ed by the Operational Creditor is due. Counsel for the Operational Creditor submits that though the Corporate Debtor took time on earlier occasions stating that they would settle the matter, it could not be done. The Counsel appearing for the Corporate Debtor submits that the Corporate Debtor is not in a position to discharge the amount due to the Operational Creditor and agreed for the CIRP to be ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 65/- towards Professional fee for liasoning with the departments and institutions for the financial year 2017-18. Hence petition filed under Section 9 of Insolvency and Bankruptcy Code, 2016 (referred to as Code ) read with Rule 6 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016 seeking admission of the Petition, initiation of Corporate Insolvency Resolution Pr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ring for the Corporate Debtor does not deny the fact that the amount claimed by the Operational Creditor is due. Counsel for the Operational Creditor submits that though the Corporate Debtor took time on earlier occasions stating that they would settle the matter, it could not be done. The Counsel appearing for the Corporate Debtor submits that the Corporate Debtor is not in a position to discharg ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... BI/IPA-002/IP-N00881/2019 -2020/12775), having office at 3-4-695, Flat No. 303, Surabhi Court, Vithalwadi, Himayatnagar, Hyderabad, Telangana-500029, MOBILE: 9849734349; e-mail: [email protected] is appointed as the Interim Resolution Professional. No disciplinary proceeding is pending against him as per the IBBI website. ii. He is directed to take charge of the Corporate Debtor's mana ..... X X X X Extracts X X X X X X X X Extracts X X X X
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