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2018 (6) TMI 1192 - Tri - Insolvency and BankruptcyInitiation of corporate insolvency resolution process by financial creditor - Held that:-It is evident from the record that the application has been filed on the proforma prescribed under rule 4(2) of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016 read with Section 7 of IBC. We are satisfied that a default has occurred and the application under sub-section (2) of Section 7 is complete. It is also patent no disciplinary proceedings are pending against the proposed Interim Resolution Professional. Thus, the application warrant admission. As a sequel to the above discussion, this petition is admitted and Mr. Rajiv Chakraborty, 12 Sukhdev Vihar, Ist Floor, New Delhi-110025, email id chakrabortyrajiv72@gmail.com is appointed as an Interim Resolution Professional. In pursuance of Section 13(2) of IBC we direct that public announcement shall be immediately made by the Interim Resolution Professional with regard to admission of this application under Section 7 of the Code. We also declare moratorium in terms of Section 14 of the Code. The Interim Resolution Professional shall perform all his functions religiously as are contemplated, inter alia, by Sections 15, 17, 18, 19, 20 & 21 of the Code
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