2019 (1) TMI 1914

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.... Chairperson and Justice Bansi Lal Bhat Member(Judicial) For the Appellant : Mr. Sanjay Shorey, D(L&P), Ministry of Corporate Affairs. Mr. Sarojanand Jha and Ms. Purva Kohli, Advocates for impleaders. For the Respondent:- Mr. Ramji Srinivasan, Senior Advocate with Ms. Gauri Rasgotra, Mr. L. Vishwanathan, Mr. Raunak Dhillon, Mr. Vikash Kumar Jha, Mr. Karan Khanna, Mr. Aditya Sikka and Ms. Ananya....

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....feasibility and financial matrix of the plan or offer, if any, given by one or other party for acquisition of one or other Group Companies or its assets and in absence of any knowledgeable person like 'Resolution Professional', such 'Committee of Creditors' cannot be constituted and in the meantime, the 'Infrastructure Leasing and Financial Services Ltd.' ("ILFS" for short) and its Board may be al....