2021 (2) TMI 1221

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ency & Bankruptcy<br>BANSI LAL BHAT J. (Actg. Chairperson), DR. ASHOK KUMAR MISHRA and DR. ALOK SRIVASTAVA Technical Members Chirag Kamdar,&nbsp; Bipin Joshi,&nbsp; Tishampati Sen&nbsp;&nbsp; and&nbsp; Ms. Abhisree Saujanya&nbsp;&nbsp; for the appellants. Pranaya Goel ,&nbsp; Ms. Jasmine Sheth ,&nbsp; Deepu Jojo ,&nbsp; Utkarsh Kulvi&nbsp;&nbsp; and&nbsp; Ms. Apoorva Kaushik&nbsp;&nbsp; for resp....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....professional (IRP) has been appointed and committee of creditors (CoC) has been constituted. He submits that the parties have arrived at settlement as respondent No. 1 happens to be the sole member constituting the CoC and the settlement terms have been reduced to writing. If that be so, the appropriate course for the appellant would be to approach the IRP to put the settlement terms before the Co....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....lant and respondent No. 1. If the IRP is approached by the appellant and respondent No. 1 by filing the settlement terms in proper format, he will place the same before the CoC for consideration. This may be done within two weeks. 6. At this stage, Mr. Ravi Prakash Ganti, IRP submits that the CoC meeting is scheduled for tomorrow and the settlement terms will be placed before the CoC for consider....