ORDER

1. The captioned application bearing I.A. No. 5819 of 2023 has been filed on 16.12.2023 by Mr. Anurag Kumar Sinha, the Applicant Resolution Professional (“RP / Applicant RP”) of M/s. Valecha Engineering Limited (“Corporate Debtor”), u/s. 30(6) of the Insolvency and Bankruptcy Code, 2016 (“IBC, 2016”) on behalf of the Committee of Creditors of the Corporate Debtor, seeking approval of the Resolution Plan submitted by ‘M/s. J.K. Solutions Private Limited’ in consortium with ‘One Media Facility Management (“Successful Resolution Applicant / SRA”) and approved by 97.54% (ninety- seven decimal five-four percent) of the voting share of the members of the Committee of Creditors (“CoC”) of the Corporate Debtor herein.

2. In relation to the said I.A., three Interlocutory Applications have been filed as Objection(s) to the Resolution Plan in consideration. In the interest of brevity, the said applications have been dealt herewith in the following manner:

2.1. I.A. No. 5579 of 2023 This application has been filed by SEPC Limited (An Operational Creditor of the Corporate Debtor herein) against the Resolution Professional (Applicant RP) seeking condonation of delay and setting aside the orde