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2024 Supreme(Online)(NCLT) 2524

NATIONAL COMPANY LAW TRIBUNAL
SMT. BIDISHA BANERJEE, SHRI. D. ARVIND, JJ
H. R. Brothers Limited – Appellant
Versus
Ramachandra Dallaram Choudhary, Resolution Professional of GIT Textiles Manufacturing Limited – Respondent


Advocates:
For the Appellants/Petitioners: Mr. Kanishk Kejriwal, Mr. Patita Paban Bishwal, Mr. Shaunak Mitra, Mr. Dripto Majumdar, Ms. Madhusmita Senapati, Ms. Suranjana Chatterjee, Mr. Dhananjaya Sud, Mr. Lokesh Malik, Mr. Mainak Bose, Mr. Arnab Dutta, Ms. Prerna Choudhury
For the Respondents: Ramachandra Dallaram Choudhary, Mr. Kanishk Kejriwal, Mr. Patita Paban Bishwal, Mr. Avijit Tewary

ORDER

Per: D. Arvind, Member (Technical):

1. The Court congregated through a hybrid mode.

I.A. (IB) No. 1841/KB/2023

2. We have heard the Learned Counsels for both the parties.

3. This is an application filed by H. R. Brothers Limited (hereinafter referred to as “Applicant”) against Mr. Ramachandra Dallaram Choudhary, the Resolution Professional of the Corporate Debtor GIT Textiles Manufacturing Limited (hereinafter referred to as “Respondent / RP”) under Section 60 (5) of the Insolvency and Bankruptcy Code, 2016 , for brevity “I&B Code” read with Rule I 1 of the National Company Law Tribunal Rule 2016, for brevity “NCLT Rules” seeking directions to the respondents to admit the claim of the applicant as unsecured financial creditor and induct the applicant into the Committee of Creditors.

Factual Conspectus:

4. The corporate debtor GIT Textiles Manufacturing Limited was put into Corporate Insolvency Resolution Process (CIR Process) vide an Order dated 22.06.2022 passed by this Adjudicating Authority. This Adjudicating Authority appointed Mr. Ramachandra Dallaram Choudhary as the Resolution Professional of the corporate debtor, to conduct the CIR Process.

5. Pursuant to the public announce

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