Tribunals and CommissionsDivision Bench(2022) 09 NCLT CK 0514

State Bank of India vs Sri Ramesh Kumar Jain & Anr.

National Company Law Tribunal · Decided on 9 September 2022

HON’BLE JUDGES
Telaprolu Rajani, Member (Judicial) · Veera Brahma Rao Arekapudi, Member (Technical)
RESULT
Allowed
CASE NUMBER
IA(IBC)/534 & 765/2022; Company Petition IB/141/2021

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Judgment

2 paragraphs · 43 words

IA 765/2022 is filed by the Resolution Professional seeking permission to file bankruptcy application by the Financial Creditor under section 106. IA is allowed.

IA 534/2022 as the permission is granted for filing bankruptcy application IA 534 application become infructuous. Accordingly disposed of.