TMI Blog2020 (11) TMI 1077X X X X Extracts X X X X X X X X Extracts X X X X ..... ng out any pre-existing dispute nor made payment of debt amount. The Operational Creditor did not suggest the name of any Resolution Professional for the appointment of Interim Resolution Professional ( IRP ) and left the matter to the discretion to this Adjudicating Authority. The Corporate Debtor in Corporate Insolvency Resolution Process under Section 9 of the I.B. Code is admitted - moratorium declared. - CP (IB) No. 72/9/NCLT/AHM/2018 - - - Dated:- 10-11-2020 - M.B. Gosavi, Member (J) and Virendra Kumar Gupta, Member (T) Learned Counsel Ms. Prachiti Shah appeared for the Operational Creditor. None for the Corporate Debtor ORDER M.B. Gosavi, Member (J) (Through Video Conferencing) 1. M/s. Ramniklal ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... arned Counsel for the Operational Creditor. We perused the record and proceeding. 5. The Operational Creditor has produced on record all the invoices raised against the Corporate Debtor. The Operational Creditor stated that it did not receive outstanding amount from the Corporate Debtor. This fact remains unchallenged on record against the Corporate Debtor. 6. The evidence on record shows that the Corporate Debtor has received the notice under Section 8 of the I.B. Code. The Corporate Debtor neither replied the notice pointing out any pre-existing dispute nor made payment of debt amount. 7. The Operational Creditor did not suggest the name of any Resolution Professional for the appointment of Interim Resolution Professional ( IRP ) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lution Process or until this Adjudicating Authority approves the Resolution Plan under sub-section (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. Rajendra Jain, having registration No. IBBI/IPA-002/IP-N00732/2018-2019/12353, email: iprajendragjain@gmail.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 c ..... X X X X Extracts X X X X X X X X Extracts X X X X
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