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2021 (2) TMI 775

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..... e LB. Code. The application is defect free. In spite of notice, no one appeared on behalf of the Corporate Debtor. The notice was also published in local newspapers. The Corporate Debtor did not give any response. From the evidence, it is clear that the amount of debt ₹ 25,25,672/- is due and payable to the Operational Creditor - Application deserves to be admitted. Application admitted - moratorium declared. - CP (IB) No. 669/9/NCLT/AHM/2019 - - - Dated:- 22-10-2020 - M.B. Gosavi, Member (J) and Virendra Kumar Gupta, Member (T) For the Appellant : Kamlesh Vaidankar, Learned Counsel ORDER M.B. Gosavi, Member (J) (Through Video Conferencing) 1. Mr. Harish Vedkumar Anand, proprietor of Anand Enterprises, th .....

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..... uced a copy of demand notice under Section 8 of the LB. Code and postal tracking record shows that the notice was delivered to the Corporate Debtor. 5. The Operational Creditor also produced on record the affidavit of compliance of provision under Section 9(3)(b) and 9(3)(c) of the LB. Code. 6. The Operational Creditor has suggested name of one Mr. Kedarram Ramratan Laddha, having registration No. IBBI/IPA-001/IP-P00586/2017-2018/11115 for appointment as IRP against whom there are no disciplinary proceedings pending. 7. The application is defect free. In spite of notice, no one appeared on behalf of the Corporate Debtor. The notice was also published in local newspapers. The Corporate Debtor did not give any response. From the evid .....

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..... ting Authority approves the Resolution Plan under subsection (1) of the Section 31 or passes an order for liquidation of Corporate Debtor Company under Section 33 of the Insolvency Bankruptcy Code, 2016, as the case may be. 4. We hereby appoint Mr. Kedar Ramratan laddha having registration No. IBBI/IPA -001//IP-P00586/2017-2018/11115, Phone: 079-66653333, Mobile: 9737533000, email: ip@kpsjca.com, to act as an IRP under Section 13(1)(c) of the Code. He shall conduct the Corporation Insolvency Resolution Process as per the provision of Insolvency and Bankruptcy Code, 2016 r.w. Regulation made thereunder: 5. The IRP shall perform all his functions as contemplated, inter-alia, by Sections 17, 18, 20 21 of the Code. It is further made .....

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