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        Case ID :
        Insolvency and Bankruptcy

        Appointment of RP - we are not accepting the fear expressed by...

        Appellant's claim of RP bias dismissed; Section 99 ensures impartiality with Adjudicating Authority holding final decision power.

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                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.
                                Appointment of RP - we are not accepting the fear expressed by the Appellant that how could the Resolution Professional appointed by the Creditor itself if appointed by the Adjudicating Authority deal with the application filed by himself for the Creditor and give Report. What the Resolution Professional under Section 99 would be doing was requiring the Debtor to furnish proof of repayment as per Section 99(2) and after doing the necessary spade work Resolution Professional has to recommend acceptance or rejection of the application with reasons. The decision making whether to admit or reject the application would be only by the Adjudicating Authority. - AT
                                Note: It is a system-generated summary and is for quick reference only.
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