The case involves an application (CA 267/2018) filed by the Resolution Professional (RP) under Section 21(6A)(B) of the Insolvency and Bankruptcy Code (IBC). The application seeks a direction from the Adjudicating Authority regarding the appointment of an Insolvency Professional to represent the home buyers.
The Resolution Professional (RP) filed an application (CA 267/2018) under Section 21(6A)(B) of the IBC, seeking the appointment of an Insolvency Professional to represent the home buyers. The application was accepted by the opposite counsels, indicating no objection to the prayer. The RP's prayer was for a specific direction from the Adjudicating Authority. The court noted the necessity for the appointed Insolvency Professional to represent the home buyers as their authorized representative and to ensure that claims are re-evaluated to compute the voting share accurately. Mr. Sanjay Kumar Grover was appointed as the Insolvency Professional. The meeting, originally scheduled for July 4th, 2018, was deferred to July 6th, 2018.
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Original date of the…
The meeting originally…
The case involves an application (CA 267/2018) filed by the Resolution Professional (RP) under Section 21(6A)(B) of the Insolvency and Bankruptcy Code (IBC). The application seeks a direction from the Adjudicating Authority regarding the appointment of an Insolvency Professional to represent the home buyers.
The Resolution Professional (RP) filed an application (CA 267/2018) under Section 21(6A)(B) of the IBC, seeking the appointment of an Insolvency Professional to represent the home buyers. The application was accepted by the opposite counsels, indicating no objection to the prayer. The RP's prayer was for a specific direction from the Adjudicating Authority. The court noted the necessity for the appointed Insolvency Professional to represent the home buyers as their authorized representative and to ensure that claims are re-evaluated to compute the voting share accurately. Mr. Sanjay Kumar Grover was appointed as the Insolvency Professional. The meeting, originally scheduled for July 4th, 2018, was deferred to July 6th, 2018.
Original date of the…
The meeting originally…