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TMI Blog2022 (7) TMI 1069X X X X Extracts X X X X X X X X Extracts X X X X ..... cribed under the law. Since this Tribunal is satisfied that Mr. Vibin Vincent and Mrs. Celine P. Thomas who were selected by the Home Buyers and Deposit Holders respectively to act as their Authorized Representative, they may be appointed as the Authorized Representatives of Home Buyers and class of creditors of Deposit Holders. Mr. Vibin Vincent, Insolvency Professional, having Registration Number IBBI/IPA-001/IP-P01997/2020-2021/13134 residing at Chakiath House, Elavoor P.O., Ernakulam, and Mrs. Celine P. Thomas having Registration Number IBBI/IPA-001/IP-P02358/2021-2022/13612 residing at 4B, Tulip, Skyline Riverdale Apartments, Petta, Tripunithura, Ernakulam are appointed as the Authorized Representatives for the Class of Creditors of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Builders and Developers Pvt. Ltd. was admitted by this Tribunal vide its order dated 03rd March 2021 and appointed an Interim Resolution Professional, who was directed to take necessary steps in accordance with the relevant provisions of the Insolvency and Bankruptcy Code. Thereafter the Applicant was appointed as the Resolution Professional of the Corporate Debtor. 4. The Resolution Professional stated that upon appointment and on perusal of the records, it was understood that there were shortfalls in the public announcement made in the prescribed format. Hence, he had published an addendum to the Public Announcement (Form A dated 15-11-2021) in two newspapers in which the name of three Insolvency Professionals eligible to be Authorise ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Representatives for the class of home buyers is as under: Sl No. Name of the Insolvency Professional No. Of choices % of votes 1. Vibin Vincent 82 57.47 2. P. R. Srinivasan 52 27.46 3. Krishna Raj 9 6.99 8. Accordingly, Shri. Vibin Vincent with the highest voting shares i.e.,57.47% was elected as the Authorized Representative for the class of creditors for the class of Home Buyers. 9. It is also stated that as contemplated un ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ion 21(6A) (6) of the Insolvency and Bankruptcy Code 2016, has filed this Applicantion along with the list of financial creditors falling under the class of creditors for Home Buyers and Deposit Holders together with their individual consent to appoint Mr. Vibin Vincent and Ms. Celine P Thomas as the Authorized Representatives of the class of creditors of Home Buyers and class of creditors Deposit Holders respectively. 13. On 03.06.2022 this Tribunal directed the Applicant/ Resolution Professional to file the segregated authorisation letters given by the Home Buyers and Deposit Holders separately. In compliance with the direction, on 07.06.2022 the Applicant produced the same. The name of Deposit Holders of the Corporate Debtor who h ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... en. 39. Abraham Mathew. 40. M. Lalitha (Related party). 41. Dr. Reeby Sara Thomas, POA- Varughese Thomas. 42. Mathews Koshy. 43. O. Omman Panicker. 44. Radhamonyamma P.S. 45. Lucy Mathew Tomy Abraham. 46. Sanej C. Nair. 47. Satheesan Kartha Sangeetha S. Kartha. 48. Shibu John MATHEW. 49. K.S. Simon. 50. M. Mohammed Hussain. 51. Bija Raveendran Nair Sreeja Raj. 52. Mini Alex Varghese. 53. Dr. Ancy Dsouza. 54. Equbal P.E. Asha Shani Ruksana. 55. Dr. C.R. Manoj (POA V. K. Rajendran). 56. K. Suresh Kumar. 57. Martin Dominic. 58. Puthenpurakal Abraham Jose Mrs. Anitha Jose. 59. Patricia Dsouza. 60. Leelamma ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ist of all financial creditors, containing the name of an insolvency professional, other than the interim resolution professional, to act as their authorised representative who shall be appointed by the Adjudicating Authority prior to the first meeting of the committee of creditors; 16. We have also verified the Authorisation of Assignment produced by Mr. Vibin Vincent and Mrs. Celine P. Thomas. We could see that their authorization is valid upto 13.12.2022 and 09.06.2022 respectively. 17. It is seen from the documents produced that the Applicant/Resolution Professional has complied with all the procedures prescribed under the law. Since this Tribunal is satisfied that Mr. Vibin Vincent and Mrs. Celine P. Thomas who were selected by ..... X X X X Extracts X X X X X X X X Extracts X X X X
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