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2019 (11) TMI 1468 - Tri - Insolvency and BankruptcyReplacement of Interim Resolution Professional (IRP), who was appointed by this Adjudicating Authority as per the proposal of the Operational Creditor made in the main IB Petition - Section 22(3) of the Insolvency and Bankruptcy Code - HELD THAT:- The retiring IRP, who is also present in person, has submitted that he is having no objection so far as his replacement is concerned. However, he has pointed-out us about the decision passed by the Hon'ble National Company Appellate Tribunal (NCLAT) in Company Appeal No. 1059 of 2019, order dated 16.10.2019, confirming this Bench's order dated 06.07.2019, by directing the CoC to clear all the dues of IRP, which the CoC is required to determine in accordance with law. Thus, the Hon'ble NCLAT did not interfere with the impugned order passed by this Bench - the CoC is directed to make payment of the dues as per the above stated direction of the NCLAT read with the direction of this Adjudicating Authority, it is to be complied within two weeks, i.e. from the date of receipt of an authentic copy of this order. In case there remains any dispute, then the retiring IRP is at liberty to approach this Court. In our view nothing adverse is available on record to oppose the approval of the Resolution of the CoC for appointing new RP, Mr. Mangesh V. Kekre - Application allowed.
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