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ASSIGNMENTS ON HAND

 

Corporate Insolvency

Mr. Raghu Babu Gunturu is currently acting as Resolution Professional for the corporate insolvency resolution process (CIRP) of Kadevi Industries Limited by the order of National Company Law Board, Hyderabad Bench vide their Order No.CP(IB)/10/7/HDB/2017 since 15 March 2017. 

CIRP is initiated by Financial Creditors /  Indian Bank the Lead Banker in the Consortium with Corporation Bank, Axis Bank, State Bank of India (earlier SBH) and having total exposure of INR 360 crores. 

 

 

Liquidation

Handling few voluntary liquidaiton matters.