2019 (10) TMI 1352

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... S.J. Mukhopadhaya Chairperson, A.I.S. Cheema, Kanthi Narahari For Appellants: - Mr. Rajeeve Mehra, Senior Advocate with Mr. Apoorva Choudhary and Mr. Ratnesh Sharma, For Respondents: - Mr. Vikas Mehta, Mr. Apoorv Khator and Mr. Mithun Shashank, Ms. Jatsala Rai and Mr. Raghav Chadha, ORDER 'M/s. Educomp Infrastructure & School Management Limited' ('Corporate Applicant&....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....his appeal, the 'Corporate Insolvency Resolution Process' has been completed and the 'Resolution Plan' has been approved by the 'Committee of Creditors' and is pending consideration before the Adjudicating Authority for order under Section 31 of the 'I&B Code'. 4. Learned counsel for the Appellants submits that the impugned order has been passed in violation of R....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....wed. 6. Further, we are of the opinion that all the records were made available with the 'Resolution Professional' otherwise there was no occasion to prepare the Information Memorandum or to call for Expression of Interest or filing of a 'Resolution Plan' which have been followed in the present case. If it is alleged that no co-operation was made by the Promoters and Director, h....