The present interlocutory application was filed by Mr. Ajit Gyanchand Jain, the Resolution Professional of Globecon Commercial Services Private Limited, the Corporate Debtor. The application sought approval of a resolution plan under sections 30(6), 31, and 60(5) of the Insolvency and Bankruptcy Code, 2016, read with Rule 11 of the National Company Law Tribunal Rules, 2016. The resolution plan had been duly approved by the requisite majority of the Committee of Creditors (CoC). The Corporate Insolvency Resolution Process (CIRP) was initiated against Globecon Commercial Services Private Limited by Hangji Global Limited, an Operational Creditor, under Section 9 of the Code. The CIRP was admitted by an order dated January 25, 2021, and Mr. Ajit Gyanchand Jain was

The present interlocutory application was filed by Mr. Ajit Gyanchand Jain, the Resolution Professional of Globecon Commercial Services Private Limited, the Corporate Debtor. The application sought approval of a resolution plan under sections 30(6), 31, and 60(5) of the Insolvency and Bankruptcy Code, 2016, read with Rule 11 of the National Company Law Tribunal Rules, 2016. The resolution plan had been duly approved by the requisite majority of the Committee of Creditors (CoC). The Corporate Insolvency Resolution Process (CIRP) was initiated against Globecon Commercial Services Private Limited by Hangji Global Limited, an Operational Creditor, under Section 9 of the Code. The CIRP was admitted by an order dated January 25, 2021, and Mr. Ajit Gyanchand Jain was