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2024 Supreme(Online)(NCLT) 1402

NATIONAL COMPANY LAW TRIBUNAL
SMT. BIDISHA BANERJEE, SHRI. D. ARVIND, JJ
Mr. Mukesh Goel – Appellant
Versus
CA Santanu Brahma – Respondent


Advocates:
For the Applicant: Mr. Joy Saha, Sr. Adv., Mr. Dripto Majumdar, Adv., Mr. Chandan Mohata, Adv.
For the Respondents: Mr. Shaunak Mitra, Adv., Mr. Manas Das, Adv., Ms. Darshana Mazumder.

Table of Content
1. overview of the application initiated by the suspended promoter under cirp. (Para 3 , 4 , 5 , 12 , 15)
2. cirp initiation details and requirements for msme promoters. (Para 7 , 10 , 11 , 17)
3. legal provisions regarding msme promoter exemptions in insolvency. (Para 21 , 22 , 24)
4. final decision on eligibility criteria and eoi submissions. (Para 26 , 28)

ORDER

PER Bidisha Banerjee, Member (Judicial)

1. This Court is congregated through hybrid mode.

2. Heard the Learned Counsels for both parties.

Brief in nutshell:

3. This instant application has been preferred by Mr. Mukesh Goel, Suspended Promoter of Aanchal Ispat Ltd (under CIR Process) against CA Santanu Brahma, the Respondent Professional of the Corporate Debtor, Aanchal Ispat Ltd. and the Committee of Creditor of the Corporate Debtor, Aanchal Ispat Ltd. under Section 60 (5) of the Insolvency and Bankruptcy Code, 2016 , for brevity “I&B Code” seeking the following direction from this Adjudicating Authority as under:

a. An order be passed directing the Respondents to relax and/or dispense with the eligibility criteria in respect of the Applicant herein in submitting the EoI pursuant to the In C.P. (IB) No. 1518/KB/20

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