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2019 (8) TMI 1711

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..... Buyers) are also Members of the Committee of Creditors , therefore, while calling meeting of the Committee of Creditors , they should also be called for voting in accordance with the existing provisions of law. In that view of the matter, it is the Resolution Professional to place the proposal of Appellant/ Promoters before the Committee of Creditors . If necessary, the date of meeting of th .....

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..... . 259 of 2019 - - - Dated:- 7-8-2019 - Justice S. J. Mukhopadhaya, Chairperson, Justice A.I.S. Cheema, Member (Judicial) And Kanthi Narahari, Member (Technical) For Appellant: Mr. Mrinal Harsh Vardhan and Mr. Kartik Sarin, Advocates For Respondents: Mr. Nakul Mohta, Ms. Anju Jain, Mr. Hitesh Sachar and Ms. Namita Jose, Advocates Mr. Shobhan Mahanti, Mr. S.S. Bhati, Mr.Takrim, Ms. .....

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..... re, the Appellate Tribunal may decide whether proposed Resolution Plans are to be considered or not? 2. Now it is stated that the proposal given by the Appellant/ Promoters has not been placed before the Committee of Creditors by the Resolution Professional on technical ground that the Promoters cannot file application under Section 12A of the Insolvency and Bankruptcy Code, 2016 (for sh .....

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..... Professional to place the proposal of Appellant/ Promoters before the Committee of Creditors . If necessary, the date of meeting of the Committee of Creditors be fixed in the manner as prescribed under the Regulations and information be given to the Financial Creditors including the allottees to take part. 3. The Committee of Creditors will consider the same taking into consideration th .....

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