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TMI Blog2019 (4) TMI 2037X X X X Extracts X X X X X X X X Extracts X X X X ..... case is a fit case for the Adjudicating Authority to invoke Rule 11 of NCLT Rules and accordingly this application is allowed and the Order of CIRP passed in this Petition is recalled and the IRP is discharged from his duties. - MA 1104/2019 MA 1043/2019 MA 1044/2019 In C.P. (IB)3619(MB)/2018 - - - Dated:- 1-4-2019 - SHRI BHASKARA PANTULA MOHAN, MEMBER (J) AND SHRI V. NALLASENAPATHY, MEMBER ( ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Company limited as financialcreditor in place of TJSB Sahakari Bank Limited in CP No. 3619/2018. Applicant is disposed of in above terms. MA 1044/2019 This is an application filed by Financial Creditor CFM Assets Reconstruction Company limited for withdrawal of CP 3619/2018. It is submitted that the debt has been assigned to CFM Assets Reconstruction Company Limited and as a financ ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... al corporate debtor is allowed to settle its claim. A question arises as to what is to happen before a committee of creditors is constituted (as per the timelines that are specified, a committee of creditors can be appointed at any time within 30 days from the date of 101 appointment of the interim resolution professional). We make it clear that at any stage where the committee of creditors is not ..... X X X X Extracts X X X X X X X X Extracts X X X X
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