# In the matter of Sq Infrastructure Private Limited

> NCLT judgment dated 2025-01-23. Citation: TCN-2025-NCLT-00584. The document pertains to an application (IA 443/2025) filed for the replacement of the…

- **Court:** NCLT
- **Order date:** 23 Jan 2025
- **Citation:** TCN-2025-NCLT-00584
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-division-bench-court-i-chenn/sq-infrastructure-private-limited-6fee7246

## Summary

### Background

The document pertains to an application (IA 443/2025) filed for the replacement of the Resolution Professional (RP) and the appointment of Mr. Manoj Kumar Mishra as the new RP. The appointment is pursuant to a resolution passed during the 10th Committee of Creditors (CoC) meeting.

## Facts

An application, IA 443/2025, was filed seeking the replacement of the existing Resolution Professional (RP) and the appointment of Mr. Manoj Kumar Mishra as the new RP. Mr. Mishra's appointment is based on a resolution passed during the 10th meeting of the Committee of Creditors (CoC), which took place on December 27, 2024. The application was filed in relation to the Corporate Insolvency Resolution Process (CIRP) of Quality Heightcon Private Limited, where Sq Infrastructure Private Limited is involved. The court heard the counsel representing the RP before making a decision.

## Issues and analysis

### Issue 1: Whether the application (IA 443/2025) for the replacement of the Resolution Professional and …

**Ratio:** The resolution passed by the Committee of Creditors (CoC) holds significant weight in the

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**Reasoning:** The court's reasoning is based on the fact that the CoC passed a resolution for the

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**Interpretation:** The interpretation is that the court gives due consideration to the decisions

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**Application:** In this specific case, the CoC's resolution to replace the RP and appoint Mr.

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## Parties

- **Judges:** ANIL RAJ C…; K. R. SAJI…
- **Respondents:** Quality Heightcon…
- **Advocates:** Geeta Tor…

## Timeline

- **2024-12-27 — 10th CoC M…**: The 10th Committee of Creditors (CoC) meeting was held, during which a resolution was…
- **2025-01-23 — Order Shee…**: The order sheet of hearing…

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