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TMI Blog2022 (8) TMI 1059X X X X Extracts X X X X X X X X Extracts X X X X ..... the present application is directed to adhere to the aforementioned Code of Conduct before giving his consent in an application under the Code - Since, no other IRP has been suggested thus, under sub section (4) of Section 9 of the Code, the Adjudicating Authority has to forward the name of Resolution Professional proposed to the Insolvency and Bankruptcy Board of India for its confirmation and shall make such appointment after the confirmation of Board. The term of appointment of Mr. Anil Arora shall be in accordance with the provisions of Section 16(5) of the Code - Application allowed. - IA No.714/2022 in CP (IB) No.22/Chd/Pb/2020 (admitted) - - - Dated:- 24-8-2022 - HON BLE MR. HARNAM SINGH THAKUR , MEMBER ( JUDICIAL ) And HON B ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ated that the licence issued to him by IPA ICSI was valid only upto 10.01.2022. In the instant application, Mr. Deepankur Sharma had been proposed as Interim Resolution Professional and his consent was taken and the same is attached at Page No. 19. However, on 29.07.2022, Mr. Deepankur Sharma, the proposed IRP has withdrawn his consent by stating that he does not want to appear in this case as IRP, as there are no assets of Corporate Debtor. Upon this, it is stated by learned counsel for applicants that some other IRP may be appointed by this Bench as per list given by the IBBI. 5. We have heard the learned counsel for the applicant-operational creditor as well as Mr. Deepankur Sharma, Insolvency Professional, the proposed IRP and have a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ay appoint such a person instead of seeking the confirmation from the IBBI. The Law Research Associate attached to this Tribunal has taken the print out from the database of Insolvency and Bankruptcy of India and the present status in respect of Mr. Anil Arora, Insolvency Professional is that there is nothing adverse on record. 8. In view of the foregoing facts, we allow the instant application and appoint Mr. Anil Arora, having registration No. IBBI/IPA-001/IP-P00729/2017-2018/11224, Mobile No.9876110038, E-mail id: [email protected] as the Interim Resolution Professional by replacing Mr. Manish Aggarwal, the Interim Resolution Professional with the following directions:- i) The term of appointment of Mr. Anil Arora shall be in accor ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... in three days as contemplated under Regulation 6 of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 of the initiation of the Corporate Insolvency Resolution Process in terms of Section 13 (1) (b) of the Code read with Section 15 calling for the submission of claims against Corporate Debtor; vi) It is hereby directed that the Corporate Debtor, its Directors, personnel and the persons associated with the management shall extend all cooperation to the Interim Resolution Professional in managing the affairs of the Corporate Debtor as a going concern and extend all cooperation in accessing books and records as well as assets of the Corporate Debtor; vii) This Adjudicating ..... X X X X Extracts X X X X X X X X Extracts X X X X
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