https://www.taxtmi.com/caselaws?id=304341 The Tribunal allowed the application by Suraksha Asset Reconstruction Ltd. to appoint a new Insolvency Resolution Professional (IRP), Mr. Avinash Shukla, replacing the current IRP, Mr. Saurabh Kumar Tikmani, who cited personal reasons for stepping down. Consequently, Mr. Shukla was appointed as the new IRP, leading to the disposal of related Interim Applications. Another application by Mr. Tikmani seeking his replacement as IRP on behalf of the Corporate Debtor was deemed unnecessary due to Mr. Shukla's appointment. The Tribunal's decisions aimed to facilitate the smooth continuation of the Corporate Insolvency Resolution Process, with the main company petition scheduled for further proceedings. en-us Wed, 27 Oct 2021 00:00:00 +0530 Thu, 22 Sep 2022 07:38:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304341 The Tribunal allowed the application by Suraksha Asset Reconstruction Ltd. to appoint a new Insolvency Resolution Professional (IRP), Mr. Avinash Shukla, replacing the current IRP, Mr. Saurabh Kumar Tikmani, who cited personal reasons for stepping down. Consequently, Mr. Shukla was appointed as the new IRP, leading to the disposal of related Interim Applications. Another application by Mr. Tikmani seeking his replacement as IRP on behalf of the Corporate Debtor was deemed unnecessary due to Mr. Shukla's appointment. The Tribunal's decisions aimed to facilitate the smooth continuation of the Corporate Insolvency Resolution Process, with the main company petition scheduled for further proceedings. Case-Laws Insolvency and Bankruptcy Wed, 27 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304341