# Approval of Resolution Plan - Reliance Infrastructure Consulting & Engineers Private Limited

> NCLT judgment dated 2025-03-11. Citation: TCN-2025-NCLT-00373. The Interlocutory Application (IA) was filed by Mr. Rohit Ramesh Mehra, the Resolution…

- **Court:** NCLT
- **Order date:** 11 Mar 2025
- **Citation:** TCN-2025-NCLT-00373
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-division-bench-court-i-chenn/approval-of-resolution-plan-reliance-infrastructure-consulting-engineers-private-48caf2fd

## Summary

### Background

The Interlocutory Application (IA) was filed by Mr. Rohit Ramesh Mehra, the Resolution Professional (RP) of Reliance Infrastructure Consulting & Engineers Private Limited (Corporate Debtor), seeking approval of the Resolution Plan under Section 30(6) read with Section 31(1) of the Insolvency and Bankruptcy Code, 2016. The Resolution Plan, submitted by Mr. Manoj Kumar Upadhyay, was unanimously approved by the Committee of Creditors (CoC). The RP also filed a clarificatory addendum to the Resolution Plan, providing changes in the implementation structure while keeping the proposed pay-outs to stakeholders unchanged. The Corporate Insolvency Resolution Process (CIRP) was initiated by Axis Trustee Services Limited under Section 7 of the Code.

## Facts

The Corporate Insolvency Resolution Process (CIRP) was initiated against Reliance Infrastructure Consulting & Engineers Private Limited based on an application by Axis Trustee Services Limited under Section 7 of the Insolvency and Bankruptcy Code. Mr. Rohit Ramesh Mehra was appointed as the Interim Resolution Professional (IRP) and later confirmed as the Resolution Professional (RP). The RP invited claims from creditors and constituted the Committee of Creditors (CoC). The CoC approved the Request for Resolution Plan (RFRP) and Evaluation Matrix (EM). Several Prospective Resolution Applicants (PRAs) submitted expressions of interest, and two resolution plans were received. The CoC evaluated the resolution plans and approved the plan submitted by Mr. Manoj Kumar

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## Issues and analysis

### Issue 1: Whether the clarificatory addendum placed on record by the Applicant, which seeks certain …

**Ratio:** The Hon'ble Supreme Court in Ebix Singapore Private Limited v. CoC of Educomp Solutions

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**Reasoning:** The Adjudicating Authority (AA) reasoned that the clarificatory addendum introduced

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**Interpretation:** The interpretation of Section 30(6) and 31(1) of the Code, along with the

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**Application:** The Adjudicating Authority applied the ratio from the Ebix case to the present

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## Parties

- **Judges:** K. R. SAJI…; ANIL RAJ C…
- **Appellants:** Rohit Rames…
- **Respondents:** RELIANCE INFRASTRU…; Axis Trustee…
- **Advocates:** Saurabh Bac…; Nishant S…; +1 more

## Timeline

- **2023-09-08 — CIRP Init…**: Corporate Insolvency Resolution Process (CIRP) initiated by the AA vide Order passed in…
- **2023-09-13 — Public Annou…**: IRP made a Public Announcement in Form ‘A' inviting claims from the creditors against the…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 30(6) — Submission of resolution plan](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-30)

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