The appeal was filed against the order dated 21.10.2024 on intervention petition no. 39 of 2024. The appellant, an operational creditor, filed a claim in the CIRP of the corporate debtor for Rs.3.4 crores. The appellant's intervention application was disposed of by the Adjudicating Authority, which was not inclined to pass any direction regarding the resolution professional providing a copy of the resolution plan.
Pakhi Infra & Ors., an operational creditor, filed a claim of Rs.3.4 crores in the Corporate Insolvency Resolution Process (CIRP) of Jabalpur MSW Pvt. Ltd. The operational creditor filed an intervention application seeking a copy of the resolution plan. The Adjudicating Authority disposed of the intervention application, declining to direct the Resolution Professional (RP) to provide the resolution plan. The resolution plan proposed only Rs.1 Lakh to be paid to the operational creditor. The operational creditor appealed the Adjudicating Authority's order, arguing they could not file a detailed objection to the resolution plan without seeing it. The RP and SRA opposed the appeal, stating the operational creditor could file objections to the resolution plan pending
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The appeal was filed against the order dated 21.10.2024 on intervention petition no. 39 of 2024. The appellant, an operational creditor, filed a claim in the CIRP of the corporate debtor for Rs.3.4 crores. The appellant's intervention application was disposed of by the Adjudicating Authority, which was not inclined to pass any direction regarding the resolution professional providing a copy of the resolution plan.
Pakhi Infra & Ors., an operational creditor, filed a claim of Rs.3.4 crores in the Corporate Insolvency Resolution Process (CIRP) of Jabalpur MSW Pvt. Ltd. The operational creditor filed an intervention application seeking a copy of the resolution plan. The Adjudicating Authority disposed of the intervention application, declining to direct the Resolution Professional (RP) to provide the resolution plan. The resolution plan proposed only Rs.1 Lakh to be paid to the operational creditor. The operational creditor appealed the Adjudicating Authority's order, arguing they could not file a detailed objection to the resolution plan without seeing it. The RP and SRA opposed the appeal, stating the operational creditor could file objections to the resolution plan pending
…Order passed on…
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