ORDER

1. This Application bearing IA No. 219/2025 is filed by Mr. Sagar Sharma and Mr. Vishal Sharma (“Applicants”) in the Corporate Insolvency Resolution Process (“CIRP”) of Hotel Horizon Private Limited (“Corporate Debtor”) under the provisions of the Insolvency and Bankruptcy Code, 2016 (“Code”) seeking the following reliefs-

a. That this Hon’ble Tribunal be pleased to examine the contents of the present Application and after examining the same, be pleased to direct the Respondent Resolution Professional to reconstitute the COC and exclude third party entities being Union Bank of India, ACRE, JM Financials ARC and Phoenix ARC as members of COC in the Corporate Insolvency Resolution Process of Hotel Horizon Private Limited;

b. That this Hon’ble Tribunal be please to examine the contents of the present application and after examining the same be pleased to direct the Interim Resolution Process to reject the claims of various third Party Financial Creditors as appearing in the agenda of 1st COC meeting and/or Direct the IRP to admit their claims only of the quantum which is legally permissible, if any, and also change