2020 (4) TMI 374

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..... s already paid the amount - In view of the above development, we allow the Resolution Professional / Liquidator to hand over the records, control etc. to the Appellant ( Successful Resolution Applicant Liberty House Group Pte. Ltd.). Parties will also ensure to implement the plan in its letter and spirit. The detailed affidavit(s) be filed by the Appellant and the Committee of Creditors wit .....

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..... ted 21st January, 2020 has been paid. Mr. Joy Saha, learned Senior Counsel appearing on behalf of Committee of Creditors has also accepted the same. In view of the development, the order of Liquidation is stayed and the Liquidator will function as Resolution Professional . The only question, which is required to be determined, is about the corporate insolvency resolution process cost .....

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..... Resolution Plan , it will be open to the Appellant Liberty House Group Pte. Ltd. to move before the Insolvency and Bankruptcy Board of India with the request to withdraw the complaint before the Learned Special Judge, Cuttack. The Appellant may request the learned Session Judge, High Court of Orissa and the learned Special Judge, Cuttack not to take cognizance of the offence. - - TaxTMI .....

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