This is an appeal against the order dated 06.10.2023, where the Adjudicating Authority passed an order while reserving the order on I.A. No. 5029 of 2023, which was an application for plan approval. The Adjudicating Authority directed the Counsel to file an affidavit from the sole CoC Member, stating that the member has reviewed the Plan and the Financial Statement of the Successful Resolution Applicant (SRA) and is satisfied with it. The order also stated that the member should indicate that he has tested the plan for feasibility and viability and is satisfied on both counts. The 5 service Apartments relatable to the 4 IAs may be kept apart from the approved Resolution Plan, pending their adjudication. The documents referred to in the 5th CoC meeting namely the Letter
…Serveall Land Developers Pvt. Ltd. filed an appeal against an order dated 06.10.2023 passed by the Adjudicating Authority. The Adjudicating Authority had reserved the order on I.A. No. 5029 of 2023, which was an application for plan approval. The Adjudicating Authority directed the Counsel to file an affidavit from the sole CoC Member, stating that the member has reviewed the Plan and the Financial Statement of the Successful Resolution Applicant (SRA) and is satisfied with it. The order also stated that the member should indicate that he has tested the plan for feasibility and viability and is satisfied on both counts. The 5 service Apartments relatable to the 4 IAs may be kept apart from the approved Resolution Plan, pending their adjudication. The documents referred
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The Adjudicating Authority passed an order…
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This is an appeal against the order dated 06.10.2023, where the Adjudicating Authority passed an order while reserving the order on I.A. No. 5029 of 2023, which was an application for plan approval. The Adjudicating Authority directed the Counsel to file an affidavit from the sole CoC Member, stating that the member has reviewed the Plan and the Financial Statement of the Successful Resolution Applicant (SRA) and is satisfied with it. The order also stated that the member should indicate that he has tested the plan for feasibility and viability and is satisfied on both counts. The 5 service Apartments relatable to the 4 IAs may be kept apart from the approved Resolution Plan, pending their adjudication. The documents referred to in the 5th CoC meeting namely the Letter
…Serveall Land Developers Pvt. Ltd. filed an appeal against an order dated 06.10.2023 passed by the Adjudicating Authority. The Adjudicating Authority had reserved the order on I.A. No. 5029 of 2023, which was an application for plan approval. The Adjudicating Authority directed the Counsel to file an affidavit from the sole CoC Member, stating that the member has reviewed the Plan and the Financial Statement of the Successful Resolution Applicant (SRA) and is satisfied with it. The order also stated that the member should indicate that he has tested the plan for feasibility and viability and is satisfied on both counts. The 5 service Apartments relatable to the 4 IAs may be kept apart from the approved Resolution Plan, pending their adjudication. The documents referred
…The Adjudicating Authority passed an order…
The Letter of Intent by the Union Bank of India…
Sign in to view related legal provisions.