2025 (1) TMI 1154

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..... s, Sr. Adv. (Item 15) Mr. Aditya Nayyar, Adv. Ms. Farhat Jahan Rehmani, AOR Ms. Rajshree Chaudhary, Adv. Ms. Diksha Dadu, Adv. Mr. Devansh Gupta, Adv. Mr. Sunil Fernandes, Sr. Adv. (Item 61) Ms. Rajshree Choudhary, Adv. Ms. Diksha Dadu, Adv. Mr. Aishvary Vikram, Adv. Mr. Vikash Chandra Shukla, AOR Mr. Lucky Sharma, Adv. Ms. Silpi Sucharita , Adv For the Respondent : Mr. Rachit Mittal, AOR Mr. Par .....

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..... P under Section 30(6) for approval of the Resolution Plan is rejected. (iii) CIRP period having long expired, Order under Section 33(1) is passed requiring the Corporate Debtor to be liquidated. From the list of Insolvency Professional maintained by the IBBI, Mr. Vikram Bajaj (Registration No.:IBBI/IPA-002/IPN00003/ 2016-2017/10003, Email [email protected]) is appointed as Liquidator to car .....

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..... d in clause (iv) above is allowed, leasehold rights of corporate debtor will be restored which can form part of the Resolution Plan. In the meanwhile, direction issued in clause (iii) of paragraph 56 will remain stayed. We make it clear that notwithstanding the pendency of these appeals, Allahabad High Court is free to decide the pending writ petition in accordance with law.
Case laws, Decisi .....

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