2020 (7) TMI 798

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..... AVUKKARASU, MEMBER TECHNICAL ORDER (Through Video Conferencing) Learned lawyer, Mr. Nandish Chudgar appeared on behalf of the RP and argued the matter. Learned lawyer, Mr. Uday Bedi along with advocate, Mr. Jaitegan Singh appeared on behalf of the Applicant and argued on the instant IA 415/2020. The instant application is filed under Section 60(2) & 60(5) of IBC, 2016 and Rule 11 of NCLT rule .....

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..... ted 17.12.2019. Thus, the Suspended Management have no locus standi to file the application. RP is an appointee of the Court and he has to collate all the information and submit the same before the COC. The COC based on its commercial wisdom is to decide the matter. Hon'ble Supreme Court of India in its judgement passed in Civil Appeal No. 8766-67 of 2019- Committee of Creditors of Essar Steel In .....

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