(1.) The present application (CA No. 223of 2017 in CP. No.24/ALD/2017) is filed by Shri Mukesh Mohan, Resolution Professional of the M/s. JEKPL Private Limited under Section 30(6) of I&B Code,2016 read with Regulation 39(4) of /the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Person) Regulation 2016 seeking approval from this Tribunal about the Resolution plan for the Company, which is duly approved by Committee of Creditors.
(2.) Brief fact of the present case, as narrated in the present application are stated /as under:
(3.) Thus the Atyant Capital India Fund I proposed to takeover JEKPL Private Limited (JEKPL) as a going concern on the basis of the terms and conditions of the resolution plan The Prominent measures as proposed under the Resolution Plan submitted by Atyant Capital India Fund may be described as under: