2019 (4) TMI 1011

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....The Applicants : Mrs. M.K. Preetha For The RP : V.V. Sivakumar, Aashish Jain Lunia For The RA : Roshan Atiq, Advs. ORDER MR B.S.V. PRAKASH KUMAR, MEMBER (JUDICIAL) It is an MA/80/2019 filed by the Applicants on 02.01.2019 stating that they supplied scrap to the Corporate Debtor in the CIRP period, but whereas their claims were rejected by the Resolution Professional (RP) stating that the cl....

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....ely after rejection of their claim, but whereas these Applicants instead of pursuing remedy against rejection, these applicants group, the RP says, tried to acquire the corporate debtor through filing Resolution Plan, when their Resolution Plan was rejected, now at a belated stage, they have filed this application to circumvent the Resolution Plan in progress. 5. In view of the above, we are of t....