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2017 (8) TMI 1529
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....r Appellant: Shri Om Prakash, Senior Advocate assisted by Shri M. Anbalagan, Advocate For Respondent: Shri Krishnendu Datta and Ms. Pritha Srikumar Iyer, Advocates, Shri Nikhil Nayyar and Shri Dhananjay, Advocates ORDER This appeal was preferred by State Bank of India (one of the financial creditor) against Order dated 7th July, 2017, which reads as follows: "Mr. T. Saikrishnan, ....
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.... at the earliest." On 26th July, 2017, the Appellate Tribunal taking into consideration the submissions made on behalf of the appellant that the Interim Resolution Professional (IRP) is not recognizing that debt due is to the appellant - Financial Creditor, State Bank of India, passed the following order: "In the meantime, IRP will take into consideration the stand of the appellant Sta....
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....uired to act in accordance with the law. We further make it clear that if more than 30 days have passed after the appointment of Interim Resolution Professional, learned Adjudicating Authority will take steps to appoint insolvency resolution professional, and, if so required, may allow the Interim Insolvency Resolution Professional to function as Insolvency Resolution Professional. In view stan....