ORDER

[Per: Bench] IA(Plan)/2(AHM)2024

1. This is an IA filed by the Resolution Professional (“RP” of Balaji Fiber Reinforce Pvt. Ltd., under Sections 30 (6) and 31 of the Insolvency and Bankruptcy Code , 2016 (“IBC, 2016”) read with Regulation 39(4) of IBBI (CIRP) Regulations, 2016 seeking the following prayers:-

a) Your lordship may be pleased to allow the present application;

b) Your lordship may be pleased to approve Revised Resolution Plan dated 09.11.2023 along with addendum dated 04.12.2023 and clarification email dated 13.12.2023 submitted by Swami Vivekanand Sarasvati;

c) Your lordship may be pleased to approve the Resolution Plan as approved by the Committee of Creditor in compliance with Section 30 (6) and 31(1) of the Code read with Regulation 39 of the IBBI (Insolvency Resolution Process for Corporate Person) Regulation, 2016;

d) Your Lordship may be pleased to grant any other relief or relief as may deem fit in the interest of justice;

2. It is stated that this Tribunal vide its order dated 11.05.2022 passed in CP(IB) No. 249 of 2020 initiated the Corporate Insolvency Resolution Process (“CIRP” against the Corporate Debtor- Balaji Fiber Reinforce Private Limited and appointe