2019 (11) TMI 1692

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..... in Chapter III (Liquidation Process) of Part II of the Code and appointing Shri Velayudham Jayavel, as Liquidator, subject to the terms and conditions to be agreed upon by the parties in the light of the extant provisions of the IBBI, the instant Applications are not maintainable under the extant provisions of Code. Application dismissed. - I.A. Nos.535 & 536 of 2019 in C.P. (IB) No. 17/BB/20 .....

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..... jecting the Resolution Plan of the Applicant, as contrary to the provision of Section 30 of the Code and consequently declare that the Resolution Plan dated 16.09.2019 is deemed to have been approved by the CoC etc. 2. I.A.N0.536/2019 19 is filed by Shri H.S.Bedi, Suspended Managing Director of M/s. IDEB Projects Pvt. Ltd. (Applicant/ Respondent) U/ s. 31 R/ w Section Rule 60 (5) of the IBC, 20 .....

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..... t. Ltd., (Respondent/ Corporate Debtor), to be liquidated in the manner as laid down in Chapter III (Liquidation Process) of Part II of the Code and appointing Shri Velayudham Jayavel, Regn. No. IBBI/IPA-001/IP-P01012/2017-18/ 11663 as Liquidator, subject to the terms and conditions to be agreed upon by the parties in the light of the extant provisions of the IBBI, the instant Applications are not .....

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