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NATIONAL COMPANY LAW TRIBUNAL
Mohan Prasad Tiwari, Member (Judicial), Charanjeet Singh Gulati, Member (Technical)
Krishna Chamadia – Appellant
Versus
S V Distributors Private Limited – Respondent
| Table of Content |
|---|
| 1. cirp initiation and coc constitution process (Para 1 , 2 , 3 , 4 , 5 , 6) |
| 2. eoi, rfrp issuance and resolution plan approval (Para 7 , 8 , 9 , 10 , 11) |
| 3. rp compliance, sra background and valuation (Para 12 , 13 , 14) |
| 4. cirp costs, funding and stakeholder payments (Para 15 , 16 , 17 , 18 , 19 , 20) |
| 5. monitoring committee and implementation supervision (Para 21 , 22 , 23 , 24 , 25 , 26 , 27 , 28 , 29 , 30) |
| 6. performance security compliance dispute (Para 31 , 32 , 33 , 34 , 35 , 36 , 37) |
| 7. rfrp mandatory terms binding on coc (Para 38 , 39 , 40 , 41 , 42 , 43 , 44 , 45 , 46) |
| 8. resolution plan rejected for process violation (Para 47 , 48 , 49) |
ORDER
1. This Interlocutory Application, filed on 11.04.2025 by Mr. Krishna Chamadia, Resolution Professional of M/s Rajesh Construction Company Private Limited, is presented under Section 30(6) read with Section 31 of the Insolvency and Bankruptcy Code, 2016 and Regulation 39(4) of the CIRP Regulations, 2016, seeking approval of the Resolution Plan dated 04.03.2025 submitted by Rihaan Enterprises; a declaration that, upon approval, the Resolution Plan shall be binding on the Corporate Debtor, its employees, members/shareholders,
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