professional) was authorized to publish form G for inviting prospective resolution applicants; however, only three prospective resolution applicants submitted their Expression of Interest. However, none came forward for submission of the resolution plan till the last date of submission, i.e. 08.04.2020. there for COC in its 5th meeting dated.27.05.2020 authorize respondent No. 2 to republish Form G. On the re-publication, 5 prospective resolution applicants submitted the resolution plan before the last date of submission, i.e. 14.08.2020, out of which the applicant, Mr. Ramneek Goyal, was declared the H1 bidder after various negotiation rounds held between him and the CoC. Finally, on 23.12.2020, the Resolution Plan submitted by the applicant was put on e-voting, which was open up till 30.12.2020. The said Resolution Plan was not approved by the CoC in its 16th CoC meeting with the requisite 66% voting share. Thereafter, respondent No. 2 received a revised resolution plan from the applicant on 15.03.2021, which was shared with the other members of the CoC. However, the answering respondent No. 2 received an email from respondent No. 4 on 17.03.2021, having certain observations regarding the revised resolution plan, which was forwarded to the applicant. Thereafter long persuasion through such various correspondences between respondent No. 4 and the applicant, the latter agreed to consider all the observations of respondent number 4. In the 19th COC meeting dated 12.04.2021, respondent No. 2 received an email from respondent No. 1 wherein a resolution plan for the amount of Rs.27.06 crore had been submitted, but the matter could not be concluded as there were differing opinions regarding accepting or rejecting the plan received from Respondent No. 1, therefore, the
