2021 (5) TMI 1017

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....y<br>JUSTICE JARAT KUMAR JAIN, MEMBER (JUDICIAL) AND DR. ASHOK KUMAR MISHRA, MEMBER (TECHNICAL) For the Appellant : Mr. Pulkit Kapoor, Mr. Janak Bathiya, Mrs. Shraddha Swarup & Mr. Anirudh Suresh, Advocates. For the Respondent : Mr. Dheeraj Garg (PCS) & Jaimin R Dave, for R-1. Mr. Diwakar Maheshwari, Mr. Vishnu Shriram, Mr. Tarak Damani, Mr. Kingshuk Banerjee & Mr. Aditya V Singh, for R-3....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....lution Plan, therefore, in view of Section 61(3)(ii) the Appeal can only be filed on the grounds of material irregularity in exercise of powers by the Resolution Professional during the Corporate Insolvency Resolution Period. However, Learned Counsel for the Appellants have not point out any material irregularity in exercising the powers by the Resolution Professional. Therefore, the Appeal is not....