Disposed
In the matter of State Bank of India v. Manchala Nagesh Kumar, [Cp (Ib) No. 387/95/HDB/2022]
NCLTCP (IB) No. 387/95/HDB/2022
Case brief
AI extract
What is this about?
The Tribunal appointed Sreenivasa Rao Ravinuthala as the Resolution Professional, directing the petitioner to pay Rs. 50,000 as initial expenses. The matter was adjourned for the professional to file a report.
What did the court decide?
Appointment of Sreenivasa Rao Ravinuthala as Resolution Professional with Rs. 50,000 payable by petitioner for initial expenses.