INITIATION OF CORPORATE INSOLVENCY RESOLUTION PROCESS AND APPOINTMENT OF INTERIM RESOLUTION PROFESSIONAL. An Application for initiation of Corporate Insolvency Resolution Process (CIRP) Under Sec 7 of the Insolvency and Bankruptcy Code, 2016 (IBC Code, 2016) was filed by SUN STAR HOTELS AND ESTATES PRIVATE LIMITED, in its capacity as a Financial Creditor before the Hon''ble National Company law Tribunal, Bengaluru Bench (NCLT) against the Corporate Debtor (Company)i.e., McDowell Holdings Limited for its claimed outstanding of Rs. 16,80,66,348/-. The Hon'ble National Company law Tribunal, Bengaluru Bench has admitted the said petition vide its order CP(IB) No. 11/BB/2022 dated 08-04-2022 ordering the commencement of CIRP against the Corporate Debtor ordering the commencement of the CIRP against the said Corporate Debtor. Further, Mr. KONDURU PRASANTH RAJU, has been appointed as Interim Resolution Professional (IRP) by the Hon'ble NCLT Vide its aforesaid Order.