TSN Raja, the Interim Resolution Professional (IRP) for M/s. Panduranga Energy Systems Pvt. Ltd. and M/s. GMP Infrastructure Private Limited, challenged two interlocutory orders dated 16.04.2026 passed by the Adjudicating Authority (NCLT). These orders remitted the matter back to the Committee of Creditors (CoC) with a direction to consider observations made by the NCLT in a previous case (VNR Infrastructure Limited) regarding the appellant's conduct as Liquidator, before approving his appointment as Resolution Professional (RP). The CoC had already approved his appointment as RP with 100% voting on 05.03.2026.
TSN Raja is the Interim Resolution Professional (IRP) for M/s. Panduranga Energy Systems Pvt. Ltd. and M/s. GMP Infrastructure Private Limited.
TSN Raja challenged impugned orders dated 16.04.2026, passed by the Adjudicating Authority (NCLT).
The impugned orders were rendered on IA (IBC) / 588 / 2026 (in CP (IB) / 304 / 7 / HDB / 2022) and IA (IBC) / 589 / 2026 (in CP (IB) / 306 / 7 / HDB / 2022).
The NCLT orders were interlocutory, remitting the matter back to the Committee of Creditors (CoC).
The CoC was directed to consider observations made by the NCLT in orders dated 27.05.2025 & 25.02.2026 in IA No. 742 / 2021 (in CP (IB) / 12 / 10 / HDB / 2017) concerning VNR Infrastructure Limited and the appellant's conduct as Liquidator.
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Learned Tribunal passed an order in IA No. 742…
Appellant (TSN Raja) appointed as Interim…
TSN Raja, the Interim Resolution Professional (IRP) for M/s. Panduranga Energy Systems Pvt. Ltd. and M/s. GMP Infrastructure Private Limited, challenged two interlocutory orders dated 16.04.2026 passed by the Adjudicating Authority (NCLT). These orders remitted the matter back to the Committee of Creditors (CoC) with a direction to consider observations made by the NCLT in a previous case (VNR Infrastructure Limited) regarding the appellant's conduct as Liquidator, before approving his appointment as Resolution Professional (RP). The CoC had already approved his appointment as RP with 100% voting on 05.03.2026.
TSN Raja is the Interim Resolution Professional (IRP) for M/s. Panduranga Energy Systems Pvt. Ltd. and M/s. GMP Infrastructure Private Limited.
TSN Raja challenged impugned orders dated 16.04.2026, passed by the Adjudicating Authority (NCLT).
The impugned orders were rendered on IA (IBC) / 588 / 2026 (in CP (IB) / 304 / 7 / HDB / 2022) and IA (IBC) / 589 / 2026 (in CP (IB) / 306 / 7 / HDB / 2022).
The NCLT orders were interlocutory, remitting the matter back to the Committee of Creditors (CoC).
The CoC was directed to consider observations made by the NCLT in orders dated 27.05.2025 & 25.02.2026 in IA No. 742 / 2021 (in CP (IB) / 12 / 10 / HDB / 2017) concerning VNR Infrastructure Limited and the appellant's conduct as Liquidator.
…Learned Tribunal passed an order in IA No. 742…
Appellant (TSN Raja) appointed as Interim…