NATIONAL COMPANY LAW APPELLATE TRIBUNAL AT CHENNAI (APPELLATE JURISDICTION)

Company Appeal (AT) ( CH) (Ins) No. 330/2021 In the matter of:

Mr. Koteswara Rao Karuchola, In the capacity as Resolution Professional of M/s. Viceroy Hotels Limited R/o Flat No.101, Pavithra Residency, Plot No.36, Pragathi Nagar, Hyderabad-500 090, Telangana State. …Appellant V M/s. Asset Reconstruction Company (India) Ltd, The Ruby, 10^th Floor 29, Senapati Bapat Marg, Dadar (W), Mumbai – 400 028.

M/s. Viceroy Hotels Limited Plot No.20, Sector 1, Survey No.64, 4^th Floor, HUDA Techno Enclave, Madhapur, Hyderabad-500 081, Telangana State.

M/s. CFM Asset Reconstruction Private Limited, Registered office at A/3, 5^th Floor Safal Profitaire, Near Prahlad Nagar Garden, Ahmedabad – 380 015. ...Respondents Present :

For Appellant : Mr. Ravi Rajagopalan, Advocate

Judgment

(Hybrid Mode)

Per: Justice Sharad Kumar Sharma, Member (Judicial)

The Appellant, is a registered Resolution Professional, and the services thus rendered by him in the capacity of being the registered Resolution Professional is being exclusively governed by the provisions contained under the Insolvency and Bankruptcy Board of India (Insolvency Professionals