2022 (6) TMI 8

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..... . Rajendran P.R., Insolvency Professional having Registration Number IBBI/IPA-001/IP-P01748/2019-2020/12717 residing at Padinjareparippil, Kulayettikkara P.O., Kanjiramattom, Ernakulam, Kerala-682 317, is appointed as the Authorized Representative for the Class of Creditors in the Kerala Chamber of Commerce and Industry. Application allowed. - IA(IBC)/62(KOB)/2022 in CP(IB)/33/KOB/2021 - - - Dated:- 18-5-2022 - Ashok Kumar Borah, Member (J) And Anil Kumar B., Member (T) For the Appellant : Party-in-Person ORDER Ashok Kumar Borah, Member (J) 1. This IA(IBC)/62/KOB/2022 has been filed under Section 21(6A)(b) of the IBC, 2016 read with Regulation 16A(1) of IBBI (Insolvency Resolution Process for Corporate Persons) Regul .....

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..... Resolution Process for Corporate Persons) Regulations, 2016, the IRP shall apply to the Adjudicating Authority for the appointment of the Authorized Representatives selected under Sub-Regulation (1) of Regulation 16A(2) within two days of the verification of claims received under Sub-Regulation (1) of Regulation 12 of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016. Accordingly, Mr. Rajendran P.R. has been selected as the Authorized Representative of Homebuyers class of Creditors on 17.03.2022 based on the choice of the majority of Class of Creditors through Form CA. 5. As per Regulation 16A(3) any delay in the appointment of the Authorized Representative for any class .....

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..... ditors to appoint Shri Rajendran P.R. as the Authorized Representative are not produced by the Applicant. Hence this Tribunal directed the IRP to file the same before this Tribunal within 7 days. On 05.04.2022 the Applicant produced the individual copy of Form CA signed by all the 8 Creditors-allottees of commercial and residential space of the Corporate Debtor. They are:- 1) Dr. Asok Cheriyan 2) M/s. R1 International 3) M/s. Davidroots LLP-Arun David 4) Mr. Pocker Haji 5) Mr. V. Narayanan Kutty 6) Mrs. M.U. Vijayalakshmi 7) Mr. Lalu Samuel 8) Mrs. Soudha Shoukath Ali 9. We have heard Shri K. Parameswaran Nair, learned IRP and perused the entire case records/documents including the Form CA produced .....

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