The case involves Shiv Dayal Sharma & Ors. as the applicant/petitioner and Three C Projects Pvt. Ltd. as the respondent. The matter pertains to an order under Section 7 of the Insolvency & Bankruptcy Code, 2016, CIRP. The initial orders were passed on 14.12.2021 and 22.12.2021, focusing on the verification of homebuyers and the appointment of an Authorized Representative to represent them as financial creditors. The court appointed a commissioner to oversee the meeting of homebuyers and the election of a new Authorized Representative.
Shiv Dayal Sharma & Ors. filed a case against Three C Projects Pvt. Ltd. under Section 7 of the Insolvency & Bankruptcy Code, 2016. The court initially ordered a proper verification of the homebuyers to choose a new Authorized Representative. Hon'ble Justice (Retd.) Rajiv Sahai Endlaw was appointed as a commissioner, assisted by Dr. Rakesh Kumar Gupta, to conduct the meeting of homebuyers and elect a new Authorized Representative. The report of the commissioner indicated that Mr. Anoop Kumar Awasthi received 34.97% of the votes and was appointed as the Authorized Representative. The court also addressed applications related to the removal/replacement of the Resolution Professional. The order was delivered on 03.06.2022.
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Order passed regarding…
Order passed regarding the appointment of a…
The case involves Shiv Dayal Sharma & Ors. as the applicant/petitioner and Three C Projects Pvt. Ltd. as the respondent. The matter pertains to an order under Section 7 of the Insolvency & Bankruptcy Code, 2016, CIRP. The initial orders were passed on 14.12.2021 and 22.12.2021, focusing on the verification of homebuyers and the appointment of an Authorized Representative to represent them as financial creditors. The court appointed a commissioner to oversee the meeting of homebuyers and the election of a new Authorized Representative.
Shiv Dayal Sharma & Ors. filed a case against Three C Projects Pvt. Ltd. under Section 7 of the Insolvency & Bankruptcy Code, 2016. The court initially ordered a proper verification of the homebuyers to choose a new Authorized Representative. Hon'ble Justice (Retd.) Rajiv Sahai Endlaw was appointed as a commissioner, assisted by Dr. Rakesh Kumar Gupta, to conduct the meeting of homebuyers and elect a new Authorized Representative. The report of the commissioner indicated that Mr. Anoop Kumar Awasthi received 34.97% of the votes and was appointed as the Authorized Representative. The court also addressed applications related to the removal/replacement of the Resolution Professional. The order was delivered on 03.06.2022.
Order passed regarding…
Order passed regarding the appointment of a…