Tribunals and CommissionsDivision Bench(2022) 01 NCLT CK 0279

Bank Of Baroda vs Rajesh Tarachand Sheth

National Company Law Tribunal · Decided on 25 January 2022

HON’BLE JUDGES
Dr. Deepti Mukesh, Member (J) · Kaushalendra Kumar Singh, Member (T)
CASE NUMBER
CP(IB)/24(AHM)2022

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Judgment

5 paragraphs · 125 words

ORDER

This application is filed under Section 95 of the Code seeking initiation of CIRP against the Personal Guarantor of the Corporate Debtor, namely, M/s Aswaraj Infra Private Limited.

Learned Counsel for the Applicant states that present application is filed through Resolution Professional Mr. Pradeep Kumar Chakravarty, Registration No. IBBI/IPA-003/IP-N00123/2017-2018/11338 and a declaration with respect to no disciplinary proceedings being pending against the RP is also obtained. In view thereof, Mr. Pradeep Kumar Chakravarty is appointed as RP in accordance with the provisions of Section 97 of the Code.

Interim Moratorium under Section 96 of the Code shall commence w.e.f. 05.01.2022, the date of application. The RP Mr. Pradeep Kumar Chakravarty is directed to file report within ten days.

List for further consideration on 24.03.2022.