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2025 (4) TMI 1401

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..... the Respondents : Mr. Niranjan Reddy, Sr. Advocate with Mr. Rahul Jajoo and Ms. Kajal Dalal, Advocates for R-1. Mr. Ramji Srinivasan, Sr. Advocate with Mr. Ankur Singhi, Ms. Anika Bajpai, Piyasi P., Mr. Arjun Bhatia, Ms. Shefali Munde and Ms. Nishi Yadav, Advocates for R-3/RP. For the Appellant : Mr. Ramji Srinivasan, Sr. Advocate with Mr. Ankur Singhi, Ms. Anika Bajpai, Piyasi P., Mr. Arjun Bhatia, Ms. Shefali Munde and Ms. Nishi Yadav, Advocates. For the Respondents : Mr. Niranjan Reddy, Sr. Advocate with Mr. Rahul Jajoo and Ms. Kajal Dalal, Advocates for R-1. ORDER ( Hybrid Mode ) These two appeals have been filed against an order dated 09.04.2025 passed by the adjudicating authority (National Company Law Tribunal, Kolkata Bench) .....

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..... ebtor is incorrect. 5. I.A. No. 545/2025 was filed by the RP seeking extension for further period of 60 days. Adjudicating authority by the impugned order has allowed I.A. No. 545/2025 which order is not under challenge in these appeals. The limited challenge in the appeal is with regard to directions issued in paragraph 44 of the impugned order which is as follows: "44. Regarding replacement of the RP, an interlocutory application being I.A. (IB) No. 524/KB/2025 has been preferred already. Having noted the conduct of the present RP- Mr. Sanjeev Kumar Jalan, we direct his replacement in one week. In the event, the CoC is not able to replace the RP, we would appoint an RP in place of the present one. For the purpose, we direct the I.A. (I .....

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..... the Amit Metaliks and the land survey has been already directed. 12. We have noted in I.A. 524/KB/2025 filed by Amit Metaliks directing for replacement of RP, which application is pending and has been directed to be listed on 22.04.2025. The grievance of learned counsel appearing for the RP is that to the averments made in the application RP has already filed a reply to the I.A. 524/2025 and placed its case to the effect that information provided in the information memorandum were as per the records of the corporate debtor and that issue has yet to be considered in the application which is posted on 22.04.2025. 13. We have also noticed that adjudicating authority itself has directed for land survey in paragraph 40 as noted above. Affidav .....

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