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Difference Between IRP and RP under the Insolvency and Bankruptcy Code – Lex Bona Fide

The Insolvency and Bankruptcy Code appoints insolvency professionals to manage distressed companies. Two important roles are the Interim Resolution Professional (IRP) and Resolution...
HomeHigh CourtJharkhand High CourtPrakash Roadlines Corporation Ltd vs Ntpc Limited on 27 August, 2025

Prakash Roadlines Corporation Ltd vs Ntpc Limited on 27 August, 2025

CORAM: HON’BLE THE CHIEF JUSTICE

———

For the Petitioner: Mr. Sumeet Gadodia, Advocate
Mr. Prakhar Harit, Advocate
Mr. Ashutosh Agarwal, Advocate
Ms. Shruti Shekhar, Advocate
Ms. Nidhi Lal, Advocate
For the Respondent: Mr. Prashant Pallav, Advocate

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Reserved on: 22.08.2025 Pronounced on: 27/08/2025

1. This petitioner has filed this arbitration application under Section

11(6) of the Arbitration and Conciliation Act, 1996 (as amended) (in

short “the Act”) for appointment of an arbitrator to resolve the disputes

arising out of an agreement being Purchase Order No.4000277672-108-

1040 dated 27.04.2022 entered by and between the petitioner and the

respondent-NTPC Ltd.



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