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2017 (12) TMI 974 - Tri - Insolvency and BankruptcyCorporate insolvency resolution process - whether the Corporate Debtor has committed a default for enabling the “Financial Creditor” to file application before the Adjudicating Authority in terms of Section 7 of the Code? - Held that:- Under clause (b) of Section 7 (3) of the Code, the name of Insolvency Resolution Professional is required to be proposed by the Financial Creditor. Copy of the written communication in Form No.2 furnished by the Interim Resolution Professional is at Annexure A-7. Mr. Anil Kohli has been registered with Insolvency & Bankruptcy Board of India vide Registration No. IBBI/IPA-001/IP/P00112/2017-18/10219. He has given the necessary information. He has been appointed as Interim Resolution Professional in one case and as Resolution Professional in two cases already, but certified that there are no disciplinary proceedings pending against him. The written communication sent by Mr. Anil Kohli in Form No.2 is in order. No defect in the application has been pointed out and complete information has been given. In view of the above, the instant petition deserves to be admitted. The petition is thus admitted and the moratorium is declared for prohibiting all the following in terms of sub-section (1) of Section 14 of the Code
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