SNK Rolling Bearings is the Operational Creditor. Tractors Private Limited is the Corporate Debtor. IA No. 1330/2022 was filed under Section 22(3)(b) of the I&B Code, 2016, seeking the replacement of Mr. Sanjay Arora as the Interim Resolution Professional (IRP). The COC approved the appointment of Mr. Parminder Singh Bhullar as the new RP with 100% voting share in a meeting held on 2022-09-17. The fees and CIRP expenses of Mr. Sanjay Arora have been ratified by the COC, and Punjab National Bank is processing the payment. The court is considering the payment of remaining legitimate expenses to the IRP. The Registry is directed to verify the antecedents of Mr. Parminder Singh Bhullar through the IBBI database.

SNK Rolling Bearings is the Operational Creditor. Tractors Private Limited is the Corporate Debtor. IA No. 1330/2022 was filed under Section 22(3)(b) of the I&B Code, 2016, seeking the replacement of Mr. Sanjay Arora as the Interim Resolution Professional (IRP). The COC approved the appointment of Mr. Parminder Singh Bhullar as the new RP with 100% voting share in a meeting held on 2022-09-17. The fees and CIRP expenses of Mr. Sanjay Arora have been ratified by the COC, and Punjab National Bank is processing the payment. The court is considering the payment of remaining legitimate expenses to the IRP. The Registry is directed to verify the antecedents of Mr. Parminder Singh Bhullar through the IBBI database.