https://www.taxtmi.com/caselaws?id=296856 The Central Bank of India filed an application under Section 7 of the Insolvency and Bankruptcy Code against Assam Company India Limited. After rectifying defects in the application and addressing objections, the Adjudicating Authority found the application compliant. Another application by Srei Infrastructure Finance Ltd. was admitted, and an Interim Resolution Professional was appointed. The Adjudicating Authority directed the Central Bank of India to approach the appointed IRP for further proceedings. The judgment emphasized adherence to the Code and Rules, disposing of the present proceeding and ordering the FC to approach the designated IRP. en-us Thu, 02 Nov 2017 00:00:00 +0530 Mon, 09 Aug 2021 20:38:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=296856 The Central Bank of India filed an application under Section 7 of the Insolvency and Bankruptcy Code against Assam Company India Limited. After rectifying defects in the application and addressing objections, the Adjudicating Authority found the application compliant. Another application by Srei Infrastructure Finance Ltd. was admitted, and an Interim Resolution Professional was appointed. The Adjudicating Authority directed the Central Bank of India to approach the appointed IRP for further proceedings. The judgment emphasized adherence to the Code and Rules, disposing of the present proceeding and ordering the FC to approach the designated IRP. Case-Laws Insolvency and Bankruptcy Thu, 02 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=296856