ORDER

IA (IBC)/1178/2023 Orders pronounced, recorded vide separate sheets. In the result, this application is dismissed.

Sd/- Sd/-

MEMBER (T) MEMBER (J)

Apoorva NATIONAL COMPANY LAW TRIBUNAL HYDERABAD BENCH-II Under Section 60(5) of the Insolvency and Bankruptcy Code, 2016, read with Rule 11 of the National Company Law Tribunal Rules, 2016 In the matter of M/s.Ravi Cranes and Movers Limited Between:

Mr.K.S.Chowdry, H.No.7-1-639/9, Plot No.9, Model Colony, Sanjeev Reddy Nagar, Near ESI Hospital, Hyderabad – 500 038.

….Applicant A n d

1. Ms.Mummaneni Vazra Laxmi, Resolution Professional for M/s.Ravi Cranes and Movers Limited, Plot No.9, Model Colony, Hyderabad, Telangana.

….Resolution Professional/Respondent

2. Indian Overseas Bank, Asset Recovery Management Branch, Third Floor, IOB Platinum Plaza, Lane Opp to Chandana Brothers, Chikkadpally, Hyderabad – 500 020.

….Respondent No.2/Financial Creditor

3. Union Bank of India, 3^rd Floor, Andhra Bank Building, Sultan Bazar, Koti, Hyderabad – 500 001.

….Respondent No.3/Financial Creditor Date of Order: 27.02.2024 Coram:

Hon’ble Rajeev Bhardwaj, Member (Judicial)

Hon’ble Sanjay Puri, Member (Technical)

Counsel/Parties present:

For the Petitioner : Mr.Y.Sur