TMI Blog2022 (5) TMI 317X X X X Extracts X X X X X X X X Extracts X X X X ..... continuing basis pending approval of the Resolution Plan - HELD THAT:- The Adjudicating Authority has rightly not entertained the Application on the view that the plan which was submitted by the Appellant was based on the Information Memorandum as was available and since the plan approval is engaging attention of the Adjudicating Authority, no further information need to be provided, there are n ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... l Company Law Tribunal), New Delhi Bench (Court-II) by which Application I.A-397/2022 filed by the Appellant has been rejected. In I.A-397/2022, following prayers has been made by the Appellant:- (i) Allow the instant application and pass appropriate directions to the Respondent to supply the information as sought in the Applicant s letter dated 17.12.2021 (and reproduced in paragraph 13 of t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... by the Hon ble Supreme Court on 13.09.2021 in the judgment reported in Ebix Singapore Pvt Ltd. Vs Committee of Creditors of Educomp Solutions Ltd. Anr.- Civil Appeal No. 3224 of 2020 Ors. . Now, it is submitted that the Application for approval of the plan has been filed by the Resolution Professional which is pending consideration before the Adjudicating Authority. 4. Learned Counsel for ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... hange of the Statutory Auditor and after CoC s approval, the information will be uploaded and provided to all concern. 7. We have considered the submissions of the Learned Counsel for the parties and perused the record. 8. We are of the view that the Adjudicating Authority has rightly not entertained the Application on the view that the plan which was submitted by the Appellant was based on ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
