Tribunals and CommissionsDivision Bench(2019) 09 NCLT CK 0828

Punjab National Bank vs M.K.Cables And Conductors Pvt. Ltd.

National Company Law Tribunal · Decided on 13 September 2019

HON’BLE JUDGES
B.S.V.Prakash Kumar, Member (Judicial) · S. Vijayaraghavan, Member (Technical)
CASE NUMBER
MA/972/2019 in IBA/257/IB/2019

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Judgment

4 paragraphs · 74 words

ORDER

On MA/972/2019 filed by the sole Financial Creditor (Punjab National Bank) based on the resolution passed with 100% voting rights for replacement of IRP namely Mr.R.Sankaran with Mr.Ramakrishnan Sadasivan (Regn No: IBBI/IPA-001/IP-P00108/2017-18/10215), Resolution Professional, this Bench hereby forwards the name of this Resolution Professional to IBBI for its confirmation within 7 days hereof.

Accordingly, the Registry is hereby directed to forthwith communicate this order to IBBI for confirmation.

List this application on 20.09.2019.