The application IA/3546/2024 was filed under Section 27 read with Section 60(5) of the IBC, 2016, seeking the replacement of the Resolution Professional (RP). The Committee of Creditors (CoC) had previously appointed Mr. Darshan Singh Anand as RP. However, the CoC, with 82.35% voting share, passed a resolution to replace Mr. Darshan Singh Anand with Mr. Shashi Bhushan Prasad.
An application, IA/3546/2024, was filed under Section 27 and Section 60(5) of the Insolvency and Bankruptcy Code (IBC), 2016, seeking the replacement of the Resolution Professional (RP). The applicant's counsel was heard. Mr. Darshan Singh Anand was initially appointed as RP. The Committee of Creditors (CoC) passed a resolution with 82.35% voting share to replace Mr. Darshan Singh Anand with Mr. Shashi Bhushan Prasad, who has registration number IBBIIIPA-002/IP-N00676/2018-2019/12114. The consent of the newly appointed RP and a valid AFA were filed with the application. The CoC's resolution and the provisions of Section 27 of the Code were considered. Mr. Darshan Singh Anand was released from his duties. The previous RP was directed to hand over documents to the new
…Sign in to view the parties.
The CoC passed a resolution with 82.35% voting…
The NCLT delivered an order to replace the…
The application IA/3546/2024 was filed under Section 27 read with Section 60(5) of the IBC, 2016, seeking the replacement of the Resolution Professional (RP). The Committee of Creditors (CoC) had previously appointed Mr. Darshan Singh Anand as RP. However, the CoC, with 82.35% voting share, passed a resolution to replace Mr. Darshan Singh Anand with Mr. Shashi Bhushan Prasad.
An application, IA/3546/2024, was filed under Section 27 and Section 60(5) of the Insolvency and Bankruptcy Code (IBC), 2016, seeking the replacement of the Resolution Professional (RP). The applicant's counsel was heard. Mr. Darshan Singh Anand was initially appointed as RP. The Committee of Creditors (CoC) passed a resolution with 82.35% voting share to replace Mr. Darshan Singh Anand with Mr. Shashi Bhushan Prasad, who has registration number IBBIIIPA-002/IP-N00676/2018-2019/12114. The consent of the newly appointed RP and a valid AFA were filed with the application. The CoC's resolution and the provisions of Section 27 of the Code were considered. Mr. Darshan Singh Anand was released from his duties. The previous RP was directed to hand over documents to the new
…The CoC passed a resolution with 82.35% voting…
The NCLT delivered an order to replace the…