2022 (2) TMI 459

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....and M. Parameswara Reddy, Advocates For the Respondents : C. Shilpa, Advocate ORDER Telaprolu Rajani, J. (Member (J)) 1. This Petition is filed by M/s. DRM Prasada Rao, ("hereinafter referred to as Operational Creditor") seeking initiation of Corporate Insolvency Resolution Process in respect of M/s. Confro Agros Ltd. ("hereinafter referred to as Corporate Debtor") alleging that the Co....

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....d used to avail professional services of Operational Creditor. 3. The Operational Creditor issued demand notice dated 16.11.2018 to the Corporate Debtor. But the Corporate Debtor did not issue any reply to the said demand notice. The Corporate Debtor has admitted the debt in its counter. On the basis of the above submissions, the learned counsel appearing for the Operational Creditor seeks this....

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.... as Insolvency Resolution Professional (IRP). Hence, Mr. Bala Subrahmanya Siva Prasad Varanasi, (Registration No. IBBI/TPA-002/IP-N00881/2019 -2020/12775) as Insolvency Resolution Professional (IRP). ORDER The Company Petition is admitted. The Corporate Insolvency Resolution Process of the Corporate Debtor shall commence from this date and shall be completed within 180 days hence. ....