https://www.taxtmi.com/caselaws?id=298030 The Tribunal allowed the application for appointing a new Resolution Professional (RP), Mr. Sandeep Mahajan, in place of the existing RP, Mr. Mohan Lal Jain, for a Corporate Debtor. Despite subsequent modifications in the resolution, the Tribunal proceeded with the application based on the original resolution passed by the Committee of Creditors (CoC) on 05.09.2018. Emphasizing the need for expeditious decision-making in Corporate Insolvency Resolution processes, the Tribunal appointed Mr. Sandeep Mahajan as the new RP, highlighting compliance with the requirements of the Insolvency and Bankruptcy Code, 2016. en-us Fri, 28 Sep 2018 00:00:00 +0530 Tue, 05 Oct 2021 21:51:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=298030 The Tribunal allowed the application for appointing a new Resolution Professional (RP), Mr. Sandeep Mahajan, in place of the existing RP, Mr. Mohan Lal Jain, for a Corporate Debtor. Despite subsequent modifications in the resolution, the Tribunal proceeded with the application based on the original resolution passed by the Committee of Creditors (CoC) on 05.09.2018. Emphasizing the need for expeditious decision-making in Corporate Insolvency Resolution processes, the Tribunal appointed Mr. Sandeep Mahajan as the new RP, highlighting compliance with the requirements of the Insolvency and Bankruptcy Code, 2016. Case-Laws Insolvency and Bankruptcy Fri, 28 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=298030