IN

IBA/41/KOB/2020

(Under Section 66(1) of the IBC, 2016)

In the matter of ORMA MARBLE PALACE PVT

LTD

MEMO OF PARTIES:

DR. K V TOLIN

Successful Resolution Applicant, Orma Marble Palace Pvt Ltd, Kalamparambil (H), Kalady P.Om

Ernakulam Dt, kerala 683574

… Applicant

-Vs-

LIJO JOSPEH,

Puthuppara House, Kidangoor P.O, Angamaly,

683572

… Respondent No.1

ALJIO JOSEPH,

Puthuppara House, Kidangoor P.O, Angamaly,

683572

… Respondent No.2

SIJO JOSEPH,

Puthuppara House, Kidangoor P.O, Angamaly,

683572

… Respondent No.3

ORMA MARBLES & SANITARIES,

Polethai P.O, Valavanadu, Alappuzha, 688567

… Respondent No.4 NEW ORMA MARBLES PALACE, Kumaranalloor, Kottayam 686016 … Respondent No.5 Order delivered on: 05.04.2024 Coram:

Hon’ble Member (Technical) Hon’ble Member (Judicial)

Shri. Shyam Babu Gautam TMT. (Retd.) Justice T Krishna Valli Appearances:

For the Applicant : Ms. Mereena J Jospeh, Advocate For the Respondents : Mr. S Eswaran, Advocate (R1, R2, R4, R5)

Mr. Girish Kumar V C, Advocate(R3)

O R D E R

Per Coram

1. This Application is filed under Section 66(1) of the IBC, 2016 by the successful resolution applicant of Orma Marble Palace Pvt Ltd, the Corporate Debtor, against the suspended Board of directors and their related ent