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2020 (2) TMI 1540

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..... solution Professional proposed under clause (b) of sub section (3) to the Insolvency and Bankruptcy Board of India for its confirmation and shall make such appointment after the confirmation of Board - in case, there is nothing against the person proposed, the Adjudicating Authority may appoint such person instead of seeking the confirmation from the IBBI. The Law Research Associate attached to th .....

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..... of IRP as R.P. and also that the IRP expressed his inability to continue and to be appointed as RP, the COC in its 6th meeting held on 30.01.2020 has resolved with 93.58% voting percentage to appoint Mr. Kuldip Kumar Bassi as the RP in place of the present IRP. 2. Under sub section (4) of Section 9 of the Code, the Adjudicating Authority has to forward the name of Resolution Professional propo .....

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..... . Kuldip Kumar Bassi, IP is that there is nothing adverse on record. 6. In view of the foregoing facts, we allow the instant application and appoint Mr. Kuldip Kumar Bassi, having registration No. IBBI/IPA-001/IPP00280/2017-18/10524, Address: #410, Level IV, Centrum Plaza Golf Course Road, Sector 53, Gurgaon, Haryana-122011 as the Resolution Professional by replacing Mr. Ravinder Agarwal, the I .....

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