2020 (8) TMI 891

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.... MEMBER JUDICIAL AND HON'BLE MR. CHOCKALINGAM THIRUNAVUKKARASU, MEMBER TECHNICAL Advocate, Mr. Pratik Thakkar for the Applicant. PCS, Mr. Dhiren Dave fbr the Suspended management ORDER Per: Ms. Manorama Kumari, Member (J) 1. The instant application is filed under Section 12A of the IB Code, 2016 read with regulation 30(1) (a) of the CIRP Regulations, 2016 along with Rule 11 of Natio....

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....nterest of justice;   (e) Any other relief as this Hon'ble Adjudicating Authority may deem fit. 2. It is a matter of record that CP(IB) 178/2018 was admitted by the Adjudicating Authority on 24.07.2019 and IRP Mr. Sunil Kumar Agrawal was appointed. 3. IRP constituted the CoC consisting of Mr. Mukeshbhai Desai as Financial Creditor. The said constitution of CoC was challenged by....

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..... It is very surprising that the said form FA is dated 16.03.2020/20.03.2020, duly signed by the authorized signatory of the operational Creditor of CP(IB) 178/18, but the same has been filed along with the instant application after about four months without assigning any reason for such delay. 6. It is pertinent to mention that IA 752/2019 was pending for adjudication but the RP never mentione....