NATIONAL COMPANY LAW TRIBUNAL
Brajendra Mani Tripathi, Judicial Member, Man Mohan Gupta, Technical Member
Bio Treasure Overseas – Appellant
Versus
Mangesh Vitthal Kekre – Respondent
| Table of Content |
|---|
| 1. applicant's prayers challenging rp/coc process and resolution plan approval. (Para 1) |
| 2. allegations of rp/coc irregularities excluding applicant's compliant plan. (Para 2) |
| 3. respondents defend coc's commercial wisdom and plan rejection. (Para 3) |
| 4. no material irregularity; application dismissed. (Para 4) |
O R D E R
1. This is an Application under Section 60(5) of the IBC, 2016 r.w. Rule 11 of the NCLT Rules, 2016, with the following prayers:
i. To list, hear and dispose the instant application in priority to the application for approval of resolution plan of Maa Annapurna Agritech Pvt. Ltd. in consortium with Mrs. Manorama Devi Jhawar, filed by the Resolution Professional;
ii. To the dismiss the application for approval of resolution plan of Maa Annapurna Agritech Pvt. Ltd. in consortium with Mrs. Manorama Devi Jhawar, filed by the Resolution Professional;
iii. To declare that the Respondent Nos. 3 & 4 are not eligible under Section 29A of the Code, to submit the Resolution Plan in Corporate Insolvency Resolution Process of the instant Corporate Debtor;
iv. To direct the Respondent Nos. 1 & 2 to provide an opportunity to all the Resolution Applicants (including the Appl





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