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2021 (9) TMI 580 - Tri - Insolvency and BankruptcyAcceptance of after expiry of EMD Deposit Date - postponing the relevant dates of Auction, by way of the impugned corrigendum - violative of procedures/fairness/sanctity attached with Auction Process or not - HELD THAT:- The IBBI - the Respondent no. 3 is not the necessary party and therefore, directed the Applicant to delete the name of the IBBI from the Memo of Parties to the application. Further, the Applicant has submitted that Respondent no. 3 may be directed to nominate the Liquidator. Since it is already observed through our Order dated 15th February 2021 that the IBBI is not a necessary party in the proceedings, therefore, we are not inclined to give any directions to the IBBI as prayed at Sl. No. vii & x of the prayers. Hence, the prayers of the Applicant are not liable to be accepted. The application is Dismissed being infructuous.
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