The application, IA 5409 of 2023 in CP (IB) 575 of 2023, was filed by the Applicant for appointing Atul Narayan Naik as Interim Resolution Professional (IRP) in place of Udaykumar Bhaskar Bhatt. The application was filed under section 60(5) of the Insolvency and Bankruptcy Code, 2016 and the Provisions of the Rule 11 of the NCLT Rules, 2016.
Mrs. Dakshata Rajesh Singh, Proprietor of M/s Ved Communications, filed an application to appoint Atul Narayan Naik as the Interim Resolution Professional (IRP) in place of Udaykumar Bhaskar Bhatt. The application was filed under Section 9 of the Insolvency and Bankruptcy Code, 2016. When the initial application was filed, no IRP was suggested. Udaykumar Bhaskar Bhatt was appointed as IRP by the bench on 2023-11-10. After filing the petition, the applicant submitted Form-2 proposing Atul Narayan Naik, but this was not brought to the court's attention during arguments. Udaykumar Bhaskar Bhatt was appointed from a list prepared and approved by the IBBI.
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Udaykumar Bhaskar Bhat was appointed as the…
The court delivered the…
The application, IA 5409 of 2023 in CP (IB) 575 of 2023, was filed by the Applicant for appointing Atul Narayan Naik as Interim Resolution Professional (IRP) in place of Udaykumar Bhaskar Bhatt. The application was filed under section 60(5) of the Insolvency and Bankruptcy Code, 2016 and the Provisions of the Rule 11 of the NCLT Rules, 2016.
Mrs. Dakshata Rajesh Singh, Proprietor of M/s Ved Communications, filed an application to appoint Atul Narayan Naik as the Interim Resolution Professional (IRP) in place of Udaykumar Bhaskar Bhatt. The application was filed under Section 9 of the Insolvency and Bankruptcy Code, 2016. When the initial application was filed, no IRP was suggested. Udaykumar Bhaskar Bhatt was appointed as IRP by the bench on 2023-11-10. After filing the petition, the applicant submitted Form-2 proposing Atul Narayan Naik, but this was not brought to the court's attention during arguments. Udaykumar Bhaskar Bhatt was appointed from a list prepared and approved by the IBBI.
Udaykumar Bhaskar Bhat was appointed as the…
The court delivered the…