2020 (1) TMI 1548

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..... on'ble Member (Technical) For the IDBI : Mr. Bishwajit Dubey & Mr. Shtrajit Banerji, Advs. Home Buyers' Association Mr. Amit Kumar Mishra & Mr. Shivam, Pandey, Advs. For the Respondent : Mr. Kamal Ahuja & Mr. Abhishek Devgan, Advs., Ms. Jasmeet Kaur, Adv. For the ICICI Bank Ltd. Mr. Arun Kathpalia, Sr. Adv. With Ms. Misha, Mr. Shantanu Chaturvedi & Mr. Nikhil Mathur, Advs. For the RP Mr. Sum .....

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..... as calm period, in which, the IRP is supposed to maintain status quo position until the Resolution plan is approved or the company is sent for Liquidation. Therefore, the question of refunding allotment to one of the allottees will not arise during the CIR period, whereby this application is hereby dismissed with liberty to proceed in accordance with law. CA-70(PB)/2019 & CA-71(PB)/2019 stands .....

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