Tribunals and CommissionsDivision Bench(2022) 06 NCLT CK 0406

Salem Stainless Steel Suppliers Pvt Ltd vs Santosh Kumar PK

National Company Law Tribunal, Ahmedabad · Decided on 17 June 2022

HON’BLE JUDGES
Dr. Deepti Mukesh, Member (J) · Ajai Das Mehrotra, Member (T)
CASE NUMBER
CP(IB)/142(AHM)2022

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Judgment

5 paragraphs · 130 words

ORDER

This application is filed under Section 95 of the Code seeking initiation of Insolvency Resolution Process against the personal guarantor of the Corporate Debtor, namely, Mr. Santosh Kumar PK. Issue notice.

Learned Counsel for the Applicant states that present application is filed through Resolution Professional Mr. Virendra Maurya, having Registration No. IBBI/IPA-001/IP-P02627/2021-2022/14022 and a declaration with respect to no disciplinary proceedings being pending against the RP is also filed. In view thereof, Mr. Virendra Maurya 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 from the date of application. The RP Mr. Virendra Maurya is directed to file report as per provisions of the Code.

List the matter for further consideration on 16.08.2022