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2017 (8) TMI 1529 - AT - Insolvency and BankruptcyAppointment of insolvency resolution professional - HELD THAT:- If more than 30 days have passed after the appointment of Interim Resolution Professional, learned Adjudicating Authority will take steps to appoint insolvency resolution professional, and, if so required, may allow the Interim Insolvency Resolution Professional to function as Insolvency Resolution Professional. In view stand taken by Interim Resolution Professional, the appellant is allowed to take part in the meeting of creditors and to deliberate in accordance with law. We have not decided the issue as to whether the Financial Creditor - State Bank of India, if taken over the possession of the land of the Corporate Debtor under the SARFAESI Act, 2002 the said Financial Creditor can be asked to hand over the possession of such land, which may be decided by the learned Adjudicating Authority, if such question is raised by Insolvency Resolution Professional or any Creditor or any other aggrieved person - Appeal disposed off.
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