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2022 (7) TMI 1069

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..... on 21(6A) (b) of the IBC,2016 read with Regulation 2(1) (aa), 4A, 16A of Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 by Mr. K. Parameswaran Nair, Insolvency Resolution Professional of M/s. Samson and Sons Builders and Developers Pvt. Ltd., seeking the following relief: - ➢ To appoint Mr. Vibin Vincent (IBBI/IPA-001/IP-P01997/2020-2021/13134) and Mrs Celine P. Thomas (IBBI/IPA-001/IP-P02358/2021-2022/13612) as the Authorized Representatives for financial creditors for the class of creditors for the 'Home Buyers' and 'Deposit Holders' respectively. The brief facts of the case are as under: - 3. The application for initiation of the Corporate Insolvency Resolution .....

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..... sional obtained the consent of each of the home buyers to appoint Shri. Vibin Vincent to act as their "Authorized Representative". 6. It is also stated that the class of creditors i.e. Deposit Holders had submitted their claim in Form CA before him and proposed Mrs. Celine P Thomas (IBBI/IPA-001/ IP-PO2358/ 2021-2022/ 13612), an Insolvency Professional to act as their Authorized Representative. The Resolution Professional obtained the consent of each of the Deposit Holders to appoint Ms. Celine P Thomas to act as their "Authorized Representative". 7. It is stated that as contemplated under Regulation 16A(1) of the IBBI Regulations (CIRP) 2016, an Insolvency Professional was required to be selected as Authorized Representative, who is the .....

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..... Authorized Representatives for the class of creditors" Home Buyers" and the class of creditors "Deposit Holders" respectively in Form AB respectively. They have also produced the AFA issued by the Indian Institute of Insolvency Professionals of ICAI. 12. It is stated that in compliance with Section 21(6A) (6) of the Insolvency and Bankruptcy Code 2016, has filed this Applicantion along with the list of financial creditors falling under the class of creditors for "Home Buyers" and "Deposit Holders" together with their individual consent to appoint Mr. Vibin Vincent and Ms. Celine P Thomas as the Authorized Representatives of the class of creditors of Home Buyers and class of creditors Deposit Holders respectively. 13. On 03.06.2022 this T .....

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..... hew. 33. Subash Nair. 34. Geetha Jeevan. 35. Gloria Jose. 36. V. R. Gopakumar. 37. Kripa Ananthalekshmi. 38. Manoj Kurien Cheriyan & Ardra Kurien. 39. Abraham Mathew. 40. M. Lalitha (Related party). 41. Dr. Reeby Sara Thomas, POA- Varughese Thomas. 42. Mathews Koshy. 43. O. Omman Panicker. 44. Radhamonyamma P.S. 45. Lucy Mathew & Tomy Abraham. 46. Sanej C. Nair. 47. Satheesan Kartha & Sangeetha S. Kartha. 48. Shibu John MATHEW. 49. K.S. Simon. 50. M. Mohammed Hussain. 51. Bija Raveendran Nair & Sreeja Raj. 52. Mini Alex Varghese. 53. Dr. Ancy Dsouza. 54. Equbal P.E. & Asha Shani Ruksana. 55. Dr. C.R. Manoj (POA V. K. Rajendran). 56. K. Suresh Kumar. 57. Martin Dominic .....

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..... along with the list of all financial creditors, containing the name of an insolvency professional, other than the interim resolution professional, to act as their authorised representative who shall be appointed by the Adjudicating Authority prior to the first meeting of the committee of creditors; 16. We have also verified the Authorisation of Assignment produced by Mr. Vibin Vincent and Mrs. Celine P. Thomas. We could see that their authorization is valid upto 13.12.2022 and 09.06.2022 respectively. 17. It is seen from the documents produced that the Applicant/Resolution Professional has complied with all the procedures prescribed under the law. Since this Tribunal is satisfied that Mr. Vibin Vincent and Mrs. Celine P. Thomas who were .....

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