2021 (1) TMI 1355

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....br>Insolvency & Bankruptcy<br>[Justice Bansi Lal Bhat] The Acting Chairperson, [Justice Anant Bijay Singh] Member (Judicial) And [Dr. Ashok Kumar Mishra] Member (Technical) For the Appellant Mr. Shailendra Singh and Mr. Abhishek Parmar, Advocates. For the Respondent Mr. GP Madan and Ms. Sonali Jain, Advocates for Respondent. ORDER VIRTUAL MODE 1. The only issue raised in this Appeal....

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....erim Resolution Professional had a fixed tenure of 30 days, but after amendment, the statute permits the Interim Resolution Professional to continue till he is replaced by the Committee of Creditors. 3. In the instant case, it is not disputed that the replacement has been done by the Committee of Creditors with 100% vote share, the requisite vote share being 66%. It is indisputable that the App....