The case involves an interlocutory application (IA No. 882/2019) filed in a Corporate Insolvency Resolution Process (CIRP) concerning Ind-Barath Energy (Utkal) Ltd. The CIRP was initiated following an application by Bank of Baroda under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016. The Adjudicating Authority ordered the commencement of CIRP on 2018-08-29. Mr. Udayraj Patwardhan was appointed as the Interim Resolution Professional (IRP) and later confirmed as the Resolution Professional (RP). A resolution plan was received from M/s JSW Energy Limited, which was approved by the Committee of Creditors (COC) with 82.70% votes on 2019-10-09. The applicant sought approval of the resolution plan.

The case involves an interlocutory application (IA No. 882/2019) filed in a Corporate Insolvency Resolution Process (CIRP) concerning Ind-Barath Energy (Utkal) Ltd. The CIRP was initiated following an application by Bank of Baroda under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016. The Adjudicating Authority ordered the commencement of CIRP on 2018-08-29. Mr. Udayraj Patwardhan was appointed as the Interim Resolution Professional (IRP) and later confirmed as the Resolution Professional (RP). A resolution plan was received from M/s JSW Energy Limited, which was approved by the Committee of Creditors (COC) with 82.70% votes on 2019-10-09. The applicant sought approval of the resolution plan.