The committee of creditors (CoC) of the Corporate Debtor, pursuant to the meeting held on May 30, 2019 and in terms of Section 22 (2) of the Code, resolved, with requisite voting share, to replace the existing Interim Resolution Professional with Mr. Anish N. Nanavaty as the resolution professional (RP) for the Corporate Debtor.
Accordingly, the CoC had filed an application before the NCLT for the appointment of the undersigned as the RP. The NCLT has in its hearing dated June 21, 2019 orally pronounced the approval for the appointment of Anish N. Nanavaty as the RP of the Corporate Debtor, which was published on June 28, 2019 (Order). The details of the oral pronouncement was earlier disclosed to the exchanges on June 25, 2019.
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