M/s Abhinandan Multitrade Pvt Ltd & Anr filed an application against M/s KSL & Industries under Section 7 of the IBC. The erstwhile IRP, Mr. Kiran Shah, has filed a separate complaint before IBBI, which is pending consideration. Issues of pending fees and/or conduct of the erstwhile IRP/Resolution Professional and Liquidator are burdening the Adjudicating Authority. Mr. Monaal Davawala, representing the non-applicant Respondent No.2, stated that the reply is filed. Mr. Harmish Shah, for Respondent No.1, undertakes to file the reply and serve the copy within two weeks.

M/s Abhinandan Multitrade Pvt Ltd & Anr filed an application against M/s KSL & Industries under Section 7 of the IBC. The erstwhile IRP, Mr. Kiran Shah, has filed a separate complaint before IBBI, which is pending consideration. Issues of pending fees and/or conduct of the erstwhile IRP/Resolution Professional and Liquidator are burdening the Adjudicating Authority. Mr. Monaal Davawala, representing the non-applicant Respondent No.2, stated that the reply is filed. Mr. Harmish Shah, for Respondent No.1, undertakes to file the reply and serve the copy within two weeks.