Application for appointment of an Interim Resolution Professional. Financial creditor suggested Sh. Shiv Nandan Sharma with valid consents. Application allowed and order amended.
Appointment of Sh. Shiv Nandan Sharma as IRP; order dated 28.02.2023 to be amended accordingly.
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IN THE NATIONAL COMPANY LAW TRIBUNAL: NEW DELHI COURT – IV
ITEM No.5
New IA/1352/ND/2023 IN IB/106/ND/2022
IN THE MATTER OF: CFM Asset Reconstruction Pvt. Ltd. … Applicant Versus M/s. Nikhil Footwear Pvt. Ltd. … Respondent
Order under Section 7 of IBC 2016.
Order delivered on 07.03.2023
Coram: Mr. P.S.N. PRASAD, HON’BLE MEMBER (JUDICIAL)
DR. BINOD KUMAR SINHA, HON’BLE MEMBER (TECHNICAL)
PRESENT: For the Applicant : For the Respondent :
ORDER
New IA/1352/ND/2023
This is an application filed under Rule 11 of the NCLT Rules 2016 regarding appointment of Sh. Shiv Nandan Sharma as IRP. The Ld. Counsel for the Financial Creditor is present and submitted that they have now suggested the name of Sh. Shiv Nandan Sharma as IRP and filed a consent form which shows that no disciplinary proceedings is pending against the said IRP and also authorisation for assignment dated 14.11.2022 which shows that it is valid till 13.11.2023. The Ld. Counsel for the Financial Creditor may also submit a duly attested copy of the IBBI Registration Certificate of Mr. Shiv Nandan Sharma. Necessary amendment regarding appointment of IRP in the order dated 28.02.2023 to be made accordingly. This order shall form part of the admission order dated 28.02.2023. Accordingly, the present application i.e. IA/1352/ND/2023 stands allowed .
Sd/- Sd/DR. BINOD KUMAR SINHA, P.S.N. PRASAD, MEMBER (TECHNICAL) MEMBER (JUDICIAL)
Order dated 07.03.2023 Amit Steno
1 issue framed by the court
Whether to appoint Sh. Shiv Nandan Sharma as Interim Resolution Professional (IRP) under Rule 11 of the NCLT Rules 2016.
1 provisions across 1 enactments
CFM Asset Reconstruction Pvt. Ltd.
M/s. Nikhil Footwear Pvt. Ltd.
P.S.N. PRASAD
BINOD KUMAR SINHA
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
