Mahavir Prasad Jain and CFM Asset Reconstruction Pvt. Ltd. filed an Interlocutory Application (I.A.No.64 of 2019) seeking to quash the decision of the Committee of Creditors (CoC). The Corporate Insolvency Resolution Process (CIRP) is ongoing. A final resolution plan has not been finalized or submitted for approval. The minutes of the meeting dated August 20, 2019, permit Rare Asset Reconstruction Ltd. and Brighter Side Renewable Energies Pvt. Ltd. to rectify defects and submit revised plans. The applicants were granted liberty to agitate their contentions after the submission of the Resolution Plan, if required.

Mahavir Prasad Jain and CFM Asset Reconstruction Pvt. Ltd. filed an Interlocutory Application (I.A.No.64 of 2019) seeking to quash the decision of the Committee of Creditors (CoC). The Corporate Insolvency Resolution Process (CIRP) is ongoing. A final resolution plan has not been finalized or submitted for approval. The minutes of the meeting dated August 20, 2019, permit Rare Asset Reconstruction Ltd. and Brighter Side Renewable Energies Pvt. Ltd. to rectify defects and submit revised plans. The applicants were granted liberty to agitate their contentions after the submission of the Resolution Plan, if required.