2019 (5) TMI 1250

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....ansi Lal Bhat, Member (Judicial) For The Appellant : Mr. Ajay Kr. Jain, Mr. Murari Kumar and Mr. Achint Kumar, Advocates For The Respondents : Ms. Surbhi Kapoor and Ms. Palak Rohmetra, Advocates And Mr. Videh Vaish and Ms. A.F. Faizi, Advocates ORDER The Appellant- Anand Rai, shareholder of M/s Quickdel Logistics Pvt. Ltd has challenged the order dated 7th January, 2019 whereby the Adj....

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....ational Creditor'- Walson Services Private Limited accepts that the parties have reached settlement and cheques dated 18th January, 2019 have been handed over to the 1st Respondent. 4. Mr. Videh Vaish, learned Counsel for the Resolution Professional accepts that the 'Committee of Creditor' was not constituted as on 18th January, 2019 but was later on constituted on 28th January, 2019. 5. Pur....

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....assed by the Adjudicating Authority pursuant to impugned order and action, taken by the 'Interim Resolution Professional', including the advertisement, if any, published in the newspaper calling for applications all such orders and actions are declared illegal and are set aside. The application preferred by Respondent under Section 9 of the I & B Code, 2016 is dismissed. Learned Adjudicating Autho....