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TMI Blog2021 (9) TMI 1427X X X X Extracts X X X X X X X X Extracts X X X X ..... Mr. Devart Rana, to act as IRP which is mandatory for an application filed under Section 7 of CODE and whose consent is on record. It is also noted that no material exists on record as regard to disciplinary proceedings, if any, being pending against such person. Application admitted - moratorium declared. - CP(IB) 35 of 2020 - - - Dated:- 5-9-2021 - Madan B. Gosavi, Hon'ble Member(J) And Virendra Kumar Gupta, Hon'ble Member(T) For Financial Creditors: Learned Counsel Mr. Arjun Padhiyar For Corporate Debtor: None ORDER PER: VIRENDRA KUMAR GUPTA, MEMBER 1. This application filed under Section 7 of Insolvency Bankruptcy Code, 2016 (hereinafter referred to as CODE). The amount of default has been ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... any, being pending against such person. Hence, we admit Corporate Debtor in CIRP and pass following order: ORDER 1. Corporate Debtor M/s Sunshine Hi-Tech Infracon Limited is admitted in Corporate Insolvency Resolution Process under Section 7 of Insolvency and Bankruptcy Code, 2016. 2. We appoint Mr. Devart Rana, Flat No. 4 5, Swastik Apartments, 1056, Ward No. 8, Mehrauli, New Delhi 110 030 ([email protected]) having Registration No. IBBI/IPA- 002/IP-N00680/2018-2019/12025, as Interim Resolution Professional. 3. That the Moratorium under Section 14 of the Code shall come to effect from 08.09.2021 till the completion of Corporate Insolvency Resolution Process or until this Bench approves the Resolution Plan under Sub- Se ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lic announcement of Corporate Insolvency Resolution Process (CIRP) be made immediately as specified under Section 13 of the Code and by calling for submissions of claim under Section 15 of the Code. 8. The IRP shall perform all his functions as contemplated, inter- alia, by Sections 17,18,20 21 of the Code. It is further made clear that all personnel connected with Corporate Debtor, its Promoter or any other person associated with management of the Corporate Debtor are under legal obligation under Section 19 of the Code extend every assistance and co-operation to the Interim Resolution Professional. Where any personnel of the Corporate Debtor, its Promoter or any other person required to assist or co- operate with IRP, do not assist or ..... X X X X Extracts X X X X X X X X Extracts X X X X
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