2020 (2) TMI 1335

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ember (Judicial), V. P. Singh (Member (Technical) And ShreeshaMerla (Member (Technical) Appellant: Mr. Kartik Seth, Ms. Shivali Dahiya and Mr. T.P.S. Harsha, Advocates Respondents: Mr. M.L. Sharma and Mr. Reddy, Mr. Naresh Kumar, Advocate for IRP ORDER Learned counsel for the Appellant submits that the Appellant has settled the claim of the sole 'operational creditor' of 1st Respondent....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....lly and factually incorrect. In fact, he has received only 6 (six) claims (5 from Operational Creditors and 1 from Financial Creditor). He further submits that the 'Committee of Creditors' has not been constituted yet and the resolution process has come to a grinding halt. In these circumstances, we direct the 'Interim Resolution Professional' to go ahead with the constitution of the 'Committee....