MUMBAI BENCH-IV In CP (IB) No.543/MB-IV/2018 Under Section 30 of IBC, 2016 Mr. Avil Menezes Resolution Professional of Kail Limited …. Applicant In the matter of:

Cool Tech Appliances Private Limited …Financial Creditor V/s Kail Limited …Corporate Debtor Order Dated: 12.01.2023 Coram:

Mr. Manoj Kumar Dubey Mr. Kishore Vemulapalli Hon’ble Member (Technical) Hon’ble Member (Judicial)

Appearances (via videoconferencing):

For the Applicant (RP) : Mr. Rohan Rajadhyaksha a/w Mr. Dhrupad Vaghani, Mr. Ajiz M K and Mr. Rishabh Sethi i/b Lex Aeterna Practices, Advocates.

For the Successful Resolution Applicant(s) : Mr. Nausher Kohli i/b Mr. Debarshi Dutta and ___________________________________________________________________________________

Mr. Aayush Kevlani, Advocates.

ORDER Per: Kishore Vemulapalli, Member (Judicial)

1. This is an application being IA No. 740/MB-IV/2021 filed by Mr.

Avil Menezes, the Applicant, under Section 31(1) of IBC, 2016 (the Code), for approval of the Resolution Plan submitted by Aryan Mining & Trading Corporation Private Limited, for the Corporate Debtor KAIL Limited (hereinafter called as the “Corporate Debtor”)

and approved by CoC with requisite majority of 99.71%.

2. The