9911796707
TMI Blog2022 (6) TMI 495X X X X Extracts X X X X X X X X Extracts X X X X ..... Debtor in IBA/1099/2019, viz. Regen Powertech Private Limited on 09.12.2019 and Mr. Ebenezer Inbaraj was appointed as Resolution Professional. It is placed on record that Resolution Plan in respect of the said Corporate Debtor was approved by this Adjudicating Authority vide order dated 01.02.2022 in IA/460/2021 in IBA/1099/2019 and the approved plan is now in the implementation stage. This Adjudicating Authority has approved the Resolution Plan submitted in respect of Regen Powertech Private Limited on 01.02.2022, in the event of approval of the resolution plan all the prayers sought above turned infructuous and nothing survives in these applications - Application dismissed. - IA/1275/IB/2020 in IBA/1099/2019, IA/702(CHE)/2020 in IA/ ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ces to third parties for use in ReGen make WTGs and D) pass such other or further orders as this Hon'ble Tribunal may deem fit and proper in the circumstances of the case and interest of justice. 2. IA/702(CHE)/2021 This Application is filed under Filed under Rule 11 of National Company Law Tribunal Rules, 2016 by WEG Industries (India) Private Limited seeking to dismiss the application IA IA/1275/IB/2020 in IBA/1099/2019. 3. IA/738(CHE)/2021 This Application, is filed under Section 25(1) r/w 60(5) of the Insolvency and Bankruptcy Code, 2016 by the Resolution Professional of the Corporate Debtor viz., Regen Infrastructure Private Limited seeking reliefs as follows, (i) To direct the Resolution Professional of the 1 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t not to terminate the Long Term Lease but to hand over the Demised Properties covered in Lease Deed dated 05.06.2017 and Registered as Document No. 354 of 2017 with the SRO, Maliya-Miyana, Morbi District, Gujarat to enable RISPL continue with its business operations. c) To pass such further or other orders as may be deemed fit and proper in the facts and circumstances of the case and thus render justice. 5. Heard the learned counsels appeared for the respective parties and perused the documents on record. Before parting with the case, we see that the CIRP was initiated against the Corporate Debtor in IBA/1099/2019, viz. Regen Powertech Private Limited on 09.12.2019 and Mr. Ebenezer Inbaraj was appointed as Resolution Professional. ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
