The case involves two Interlocutory Applications (I.A. No. 2328 of 2022 and I.A. No. 2656 of 2022) filed by Fun Gateway Arena Private Limited in relation to CP (IB) 935 (MB)/C-III/2020 under Section 60 (5) of the Insolvency and Bankruptcy Code, 2016. I.A. 2328 seeks the tribunal's exercise of powers under the IBC to declare a Deed of Assignment of Brand Content valid and binding, to direct the Respondent (Mr. Bhrungesh Amin, Resolution Professional of Smaaash Entertainment Pvt. Ltd.) to amend the Subject EOI, and to stay the Corporate Debtor's Corporate Insolvency Resolution Process and the Respondent's appointment as the Corporate Debtor's Resolution Professional. I.A. 2656 seeks the dismissal of Interlocutory Application No. 2115 of 2022, a stay on further
…Fun Gateway Arena Private Limited filed I.A No. 2328 of 2022 seeking the tribunal's intervention to validate a Deed of Assignment of Brand Content executed with the Corporate Debtor. They also sought a stay on the Corporate Debtor's insolvency resolution process and the Respondent's appointment as the Resolution Professional. Fun Gateway Arena Private Limited also filed I.A No. 2656 of 2022 seeking the dismissal of Interlocutory Application No. 2115 of 2022. The Resolution Professional (Mr. Bhrungesh Amin) had filed I.A. 2115 of 2022 challenging the Deed of Assignment. The tribunal disposed of I.A. 2115 of 2022 by allowing it. The petitioner in the IAs no longer survives. The applications were filed under Section 60 (5) of the Insolvency and Bankruptcy Code, 2016 read
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Deed of Assignment of Brand Content executed…
Filed by Fun…
The case involves two Interlocutory Applications (I.A. No. 2328 of 2022 and I.A. No. 2656 of 2022) filed by Fun Gateway Arena Private Limited in relation to CP (IB) 935 (MB)/C-III/2020 under Section 60 (5) of the Insolvency and Bankruptcy Code, 2016. I.A. 2328 seeks the tribunal's exercise of powers under the IBC to declare a Deed of Assignment of Brand Content valid and binding, to direct the Respondent (Mr. Bhrungesh Amin, Resolution Professional of Smaaash Entertainment Pvt. Ltd.) to amend the Subject EOI, and to stay the Corporate Debtor's Corporate Insolvency Resolution Process and the Respondent's appointment as the Corporate Debtor's Resolution Professional. I.A. 2656 seeks the dismissal of Interlocutory Application No. 2115 of 2022, a stay on further
…Fun Gateway Arena Private Limited filed I.A No. 2328 of 2022 seeking the tribunal's intervention to validate a Deed of Assignment of Brand Content executed with the Corporate Debtor. They also sought a stay on the Corporate Debtor's insolvency resolution process and the Respondent's appointment as the Resolution Professional. Fun Gateway Arena Private Limited also filed I.A No. 2656 of 2022 seeking the dismissal of Interlocutory Application No. 2115 of 2022. The Resolution Professional (Mr. Bhrungesh Amin) had filed I.A. 2115 of 2022 challenging the Deed of Assignment. The tribunal disposed of I.A. 2115 of 2022 by allowing it. The petitioner in the IAs no longer survives. The applications were filed under Section 60 (5) of the Insolvency and Bankruptcy Code, 2016 read
…Deed of Assignment of Brand Content executed…
Filed by Fun…