SANWUD SHOPPE PVT LTD Vs. MPB CONSTRUCTIONS PVT LTD
LAWS(NCLT)-2017-7-256
NATIONAL COMPANY LAW TRIBUNAL
Decided on July 19,2017

SANWUD SHOPPE PVT LTD Appellant
VERSUS
MPB CONSTRUCTIONS PVT LTD Respondents

JUDGEMENT

- (1.) Issue notice to show cause to the respondent why the petition be not admitted. The operational creditor has not proposed the name of interim resolution professional in part III of Form-5 prescribed by Rule 6 (1) of Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016. Therefore, the matter may be sent to the Insolvency and Bankruptcy Board of India under Section 16 (3) (a) read with Section 16 (4) of the Insolvency and Bankruptcy Code, 2016 to name the insolvency professional. List for further consideration on 21.08.2017.;


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