The applicant filed an application to replace the Interim Resolution Professional (IRP) Mr. Kedaram Ladha with Mr. Lokesh Khadaria. Mr. Kedaram Ladha had initially given his consent to act as an IRP, but he withdrew his consent during the pendency of the application. Despite the withdrawal, Mr. Ladha was appointed as IRP vide order dated 2021-10-12. The petitioner then proposed Mr. Lokesh Khadaria, who has also consented to act as IRP and is listed as a Resolution Professional (RP) with the IBBI.
Madras Steel & Tubes filed an application under Section 9 of the IBC to initiate a corporate insolvency resolution process against Set Sanayi Elektrik-Tesisat Taahhul Ve Ticaret India Pvt. Ltd. During the process, the applicant sought to replace the initially appointed Interim Resolution Professional (IRP), Mr. Kedaram Ladha, with Mr. Lokesh Khadaria. Mr. Ladha had withdrawn his consent to act as IRP after initially consenting. The tribunal had already appointed Mr. Ladha as IRP on 2021-10-12, unaware of the withdrawal of consent. Mr. Khadaria has given his consent to act as IRP and is listed with the IBBI.
Sign in to view the parties.
Mr. Kedaram La…
Mr. Kedaram Ladha was…
The applicant filed an application to replace the Interim Resolution Professional (IRP) Mr. Kedaram Ladha with Mr. Lokesh Khadaria. Mr. Kedaram Ladha had initially given his consent to act as an IRP, but he withdrew his consent during the pendency of the application. Despite the withdrawal, Mr. Ladha was appointed as IRP vide order dated 2021-10-12. The petitioner then proposed Mr. Lokesh Khadaria, who has also consented to act as IRP and is listed as a Resolution Professional (RP) with the IBBI.
Madras Steel & Tubes filed an application under Section 9 of the IBC to initiate a corporate insolvency resolution process against Set Sanayi Elektrik-Tesisat Taahhul Ve Ticaret India Pvt. Ltd. During the process, the applicant sought to replace the initially appointed Interim Resolution Professional (IRP), Mr. Kedaram Ladha, with Mr. Lokesh Khadaria. Mr. Ladha had withdrawn his consent to act as IRP after initially consenting. The tribunal had already appointed Mr. Ladha as IRP on 2021-10-12, unaware of the withdrawal of consent. Mr. Khadaria has given his consent to act as IRP and is listed with the IBBI.
Mr. Kedaram La…
Mr. Kedaram Ladha was…