BENCH, COURT-I

CP(IB) No. 2459 (MB) of 2019

Under Section 30(6) of the Insolvency

and Bankruptcy Code, 2016.

IA No. 93 of 2024

In the Application of

Mr. Snehal Kamdar (KDJ

Holidayscapes and Resorts Limited) …Resolution Professional/Applicant

In the matter of

TJSB Sahakari Bank Limited

…Financial Creditor/Petitioners

Versus

KDJ Holidayscapes & Resorts

Limited

…Corporate Debtor/Respondents

Order Delivered on :04.03.2025

Coram:

Shri. Prabhat Kumar Justice V. G Bisht

Hon’ble Member (Technical) Hon’ble Member (Judicial)

Appearances:

For the Applicant (RP) : Adv. Maulik Chokshi

CP(IB) No. 2459 (MB) of 2019 ORDER

1. The present Application is moved by Mr. Snehal Kamdar (“Applicant”), Resolution Professional of KDJ Holidayscapes and Resorts Limited (“Corporate debtor”) under Section 30(6) of the Insolvency and Bankruptcy Code, 2016 (“Code”) for seeking approval of the Resolution Plan submitted by Mr. Ravikumar Gaurishankar Patel (“Successful Resolution Applicant/SRA”) and as approved by Committee of Creditors. This application is filed for the following reliefs:

a. Allow the present Application;

b. Pass an Order for the approval of the Resolution Plan submitted by Ravikumar G Patel as approved by the members of t