Disposed
In the matter of Salem Stainless Steel Suppliers Pvt. Ltd. v. Santhosh Kumar Pk, Cp (IB)/142(AHM)/2022
Case brief
AI extract
What is this about?
The Tribunal accepted the application to initiate Insolvency Resolution Process against the personal guarantor, Santosh Kumar PK, under Section 95. The applicant, Salem Stainless Steel Suppliers, was represented by a Resolution Professional appointed under Section 97. An interim moratorium under Section 96 was notified.
What did the court decide?
Application accepted; Resolution Professional appointed under Section 97; interim moratorium under Section 96 notified; matter listed for further consideration.