2020 (1) TMI 1220

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..... ber(Judicial) And Justice Anant Bijay Singh (Member(Judicial) For Appellant:- present but not marked appearance. For Respondents:- Ms. Shruti Agarwal, Advocate. Mr. Pranay, Advocate for IRP ORDER 'M/s. Tirupati Timber & Packaging Limited'- ('Operational Creditor') moved an application under Section 9 of the Insolvency and Bankruptcy Code, 2016 ("I&B Code" for short) against 'M/s. Duncans I .....

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..... erim Resolution Professional' to constitute the 'Committee of Creditors' within a week. It is submitted that such direction itself made application under Rule 11 infructuous so that the parties cannot settle which is against the decision of the Hon'ble Supreme Court in "Swiss Ribbons Pvt. Ltd. & Anr. vs. Union of India & Ors.─ Writ Petition (Civil) No. 99 of 2018". 4. Mr. Kshitiz Khera, Adv .....

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..... counsel for the parties in course of the day. 7. In the circumstances, we allow two days' time to the Respondents to file their respective reply affidavits along with Vakalatnama and intervention applications. Post the appeal 'for admission (fresh case)' on 30th January, 2020. The appeal may be disposed of at the stage of admission. In the meantime, the 'Committee of Creditors' will not approv .....

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