Per: Anil Raj Chellan, Member (Technical)

1. By way of this common order, we propose to dispose of the following three Interim Applications as the issues raised and reliefs sought are intertwined:

(a) IA No.1085/2023 filed by Resolution Professional (‘RP’) of Rajesh Business and Leisure Hotels Private Limited (‘the Corporate Debtor’) under Section(6) and Section(1) of the Bankruptcy and Insolvency Code,16 (‘the Code’) read with Section(4) of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations,16 (‘CIRP Regulations’) for approval of the Resolution Plan submitted by Rare Asset Reconstruction Limited in Consortium with Check-Inn Hotels Pvt. Ltd (‘the Successful Resolution Applicant’ / ‘SRA’);

(b) IA No.1466/2023 filed under Section0(5) of the Code by Sankalp Recreation Private Limited (‘Sankalp’) an unsuccessful Resolution Applicant to oppose the approval of the Resolution Plan submitted by Successful Resolution Applicant on the grounds that there have been material irregularities in the conduct of Corporate Insolvency Resolution Process (CIRP);

and (c) IA No.78/2023 filed by Rajesh Patel and five others who are promoters and