This case involves two company appeals, Company Appeal (AT) (Insolvency) No. 260 of 2019 and Company Appeal (AT) (Insolvency) No. 514 of 2019, both arising from the same Corporate Insolvency Resolution Process (CIRP) initiated against M/s. Anandram Developers Private Limited. In the first appeal, M/s. JDA Consultancy Services Pvt. Ltd. claimed to be an 'Assignee' of unsecured financial creditors of the corporate debtor. Initially, the appellant was included as a member of the Committee of Creditors (CoC). However, M/s. Asset Reconstruction Company (India) Limited objected, leading the Adjudicating Authority to rule on March 5, 2019, that the appellant, being an 'Assignee' of a 'related party', could not be a member of the CoC.

This case involves two company appeals, Company Appeal (AT) (Insolvency) No. 260 of 2019 and Company Appeal (AT) (Insolvency) No. 514 of 2019, both arising from the same Corporate Insolvency Resolution Process (CIRP) initiated against M/s. Anandram Developers Private Limited. In the first appeal, M/s. JDA Consultancy Services Pvt. Ltd. claimed to be an 'Assignee' of unsecured financial creditors of the corporate debtor. Initially, the appellant was included as a member of the Committee of Creditors (CoC). However, M/s. Asset Reconstruction Company (India) Limited objected, leading the Adjudicating Authority to rule on March 5, 2019, that the appellant, being an 'Assignee' of a 'related party', could not be a member of the CoC.