2021 (3) TMI 1287

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....nsolvency & Bankruptcy<br>HON&#39;BLE MEMBER(J), SHRI RAJASEKHAR V.K. VERSUS HON&#39;BLE MEMBER(J), SHRI RAJASEKHAR V.K. For the Applicant : Mr. Joy Saha, Sr. Advocate, Mr. Zeeshan Haque, Advocate, Mr. Aishwarya Kumar Awasthi, Advocate For the Resolution Professional : Mr. Anuj Singh, Advocate, Mr. Bijay Murmuria, RP ORDER Mr. Joy Saha, Ld. Sr. Counsel along with Mr. Zeeshan Haque and ....

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....ut going into too many aspects in the matter, we notice that there is only one Resolution Applicant in respect of the Corporate Debtor and it has been provisionally found eligible to submit the Resolution Plan in the matter. For various reasons detailed in I.A. No. 197/KB/2021 the said plan could not be submitted before the expiry of the extended CIRP period of 22.12.2020. Considering also that....

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.... in the CIRP period over and above the period of 270 days vide order dated 12.02.2020 in I.A. 1463/KB/2020 that began from 29.12.2020 and expired on 27.02.2021 for completion of CIRP of the Corporate Debtor and allow the Resolution Professional to call for CoC meetings to deliberate and vote on the Resolution Plan received from C.P. Ispat Private Limited and file necessary applications/memos befor....

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....reditor. List I.A. No.287/KB/2021 & I.A. No. 52/KB/2021 on 03/05/2021 for further consideration. 5. I.A. No. 274/KB/2021: This is an application filed by the RP for liquidation of the Corporate Debtor. Since in I.A. No. 197/KB/2021 we have directed the CoC to consider the Resolution Plan submitted by the applicant, I.A. No. 274/KB/2021 is pre-matured at this stage. RP therefore seeks perm....