2025 (8) TMI 613

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.... Sr. Adv. Mr. Anand Varma, Adv. Mr. Ashish Choudhury, AOR Mr. Akash Agarwal, Adv. Mr. Abhishek Arora, Adv. Ms. Prachi Grover, Adv. Ms. Sulekha Agarwal, Adv. Mr. Sudipto Sircar, Adv. Mr. Rajat Sinha, Adv. For the Respondent : Mr. Mukul Rohtagi, Sr. Adv. Mr. C A Sundaram, Sr. Adv. Mr. Navin Pahwa, Sr. Adv. Mr. Pranav Sachdeva, AOR Mr. Sanyam Jain, Adv. Mr. P Rohit Ram, Adv. Mr. Abhay Nair, Adv. M....

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....the CoC and the resolution applicant was intimated vide letter dated 04.11.2024 which contained in detailed manner as to how it is not found eligible under various clauses of Sections 29A(a),(c), (h) and (j) of IBC, 2016 (pages 359-366 of Appeal Paper Book). It is to be noted that both AHSK and PSA earlier entrusted by the CoC have given detailed findings and reasons with respect to their conclusi....

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....ed 03.03.2025 declared it to be eligible under Section 29A. 106. We have noted various reports of Experts which are placed on record in the pleadings. Without going into the details of these reports, we find that the report of PSA and also the earlier report submitted by AHSK & Co. are detailed reports and are similar and they both had come to the same conclusion that Cosmic CRF Limited i....