2017 (12) TMI 1651

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....The Resulution Professional : Pramit Roy, Sr. Adv., Anniruddha Roy, Avishek Gupta, Wrishik Ganguly, Advs., Arun Gupta, RP, Aritra Basu, and Abhijit Shankara, Advs. ORDER Ld. Counsel for the Resolution Professional (RP) financial creditor and the corporate debtor is present. Ld. RP is also present in Court. CA (IB) No. 570/KB/2017 has been filed by the RP with a prayer for passing necessar....

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.... written a letter wherein it is stated that "despite my repeated requests to defer the site visit by the proposed valuation team, it appears that the CoC and everybody involved in Resolution Process is determined to have the factory visit tomorrow only. We have categorically told you yesterday that any decision in this regard shall be taken only after our application challenging the 3rd valuation ....

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....ratorium. However, there is any violation of regulation, promoter-Director can challenge the Resolution Plan after the same is submitted. Ld. Advocate appearing on behalf of the corporate debtor if process of valuation is again done and if any untoward incidenct occurred then corporate debtor would not be responsible for the same. Keeping in view of the direct threatening by the corporate debto....