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TMI Blog2020 (3) TMI 1352X X X X Extracts X X X X X X X X Extracts X X X X ..... ction 9 of IBC - Committee of Creditors (CoC) has not yet been constituted and that although CoC is not constituted, IRP has received claim of 4 Crores from Bank of Baroda - IRP has grievance that no clear assurance regarding CIRP costs and payment of Fee of IRP is there - HELD THAT:- This Appeal is disposed off, permitting the Appellant to pursue the matter before the Adjudicating Authority with ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Counsel state that they have already settled their dispute. Copy of the Settlement Deed is also tendered at Bar. 2. Learned Counsel for the Interim Resolution Professional (in short 'IRP') states that the Committee of Creditors (in short 'CoC') has not yet been constituted and that although CoC is not constituted, IRP has received claim of ₹ 4 Crores from Bank of Baroda. 3. It is also stat ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... anjeev Vs. Mr. Easwara Pillai Kesavan Nair & Ors." passed in Company Appeal(AT)(Insolvency) No. 1427 of 2019 by this Tribunal. The Adjudicating Authority is requested to get response from IRP and urgently decide the Application under Rule 11 of NCLT Rules for withdrawal of Section 9 Application which is stated to have been filed by the Respondent No. 1- Operational Creditor. The IRP will not const ..... X X X X Extracts X X X X X X X X Extracts X X X X
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