https://www.taxtmi.com/caselaws?id=399299 The Tribunal upheld the Committee of Creditors' decision to appoint Mr. Sumit Binani as the Resolution Professional, finding it valid under Section 22 of the Insolvency and Bankruptcy Code. The application to continue Mr. Mahender Kumar Khandelwal as Interim Resolution Professional was rejected, and Mr. Binani's appointment was directed for confirmation by the IBBI. The Court dismissed technical objections regarding the application's validity and confirmed compliance with the IBC. Further proceedings were scheduled for 16.06.2020. en-us Tue, 09 Jun 2020 00:00:00 +0530 Thu, 08 Oct 2020 11:44:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399299 The Tribunal upheld the Committee of Creditors' decision to appoint Mr. Sumit Binani as the Resolution Professional, finding it valid under Section 22 of the Insolvency and Bankruptcy Code. The application to continue Mr. Mahender Kumar Khandelwal as Interim Resolution Professional was rejected, and Mr. Binani's appointment was directed for confirmation by the IBBI. The Court dismissed technical objections regarding the application's validity and confirmed compliance with the IBC. Further proceedings were scheduled for 16.06.2020. Case-Laws Insolvency and Bankruptcy Tue, 09 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399299