9911796707
TMI Blog2021 (6) TMI 278X X X X Extracts X X X X X X X X Extracts X X X X ..... hi, Advocate For the Respondents : Vinod P.V., Advocate ORDER Ashok Kumar Borah, Member (J) 1. This is an application filed by Promoter Director of the Corporate Debtor under Section 60(5) of Insolvency and Bankruptcy Code, 2016 read with Rules 11, 15 & 32 of the NCLT Rules 2016 praying for various reliefs bringing to the notice of this Tribunal the recent decision of the Hon'ble Supreme C ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e applicant states that from a reading of the above order it is evident that it extends to IBC timelines. Hence the applicant's contention is that the CIRP of Corporate Debtor can end after the submission of Resolution Plan by applicant and its consideration by CoC. 2. It is stated that this application has been filed pursuant to the order of this Tribunal dated 20.4.2021 in IA/64/KOB/2021 in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e EOI/RP in his individual capacity, the Resolution Professional shall register the Corporate Debtor as an MSME, provided he produces the certificate of Registration as an MSME under the "Udhayam Registration" of the Ministry of Micro Small and Medium Enterprises. After considering the Expression of Interest of the applicant, the Respondents shall publish the list of Prospective Resolution Applica ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... utual consent of the parties, this I.A is disposed of with a direction to the applicant to submit the Resolution Plan within one week from the date of receipt of this order. If the applicant submits such a Resolution Plan, the Resolution Professional shall place the Resolution Plan before the Committee of Creditors for their consideration and further steps in the matter will be taken without furth ..... X X X X Extracts X X X X X X X X Extracts X X X X
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