Tribunals and CommissionsFull Bench(2024) 05 NCLAT CK 0019

Partha Sarathy Sarkar vs Union of India & Ors

National Company Law Appellate Tribunal · Decided on 6 May 2024

HON’BLE JUDGES
Ashok Bhushan, Chairperson · Barun Mitra, Member (T) · Arun Baroka, Member (T)
RESULT
Dismissed
CASE NUMBER
Company Appeal (AT) (Insolvency) No.576 Of 2024

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Judgment

6 paragraphs · 269 words
1.

Heard Shri Partha Sarathy Sarkar, Appellant appearing in person. This Appeal has been filed against the order dated 15.01.2024 passed by the Adjudicating Authority in I.A. No.463/JPR/2023.

2.

The application I.A. No.436/JPR/2023 was filed by the Appellant who was Erstwhile Resolution Professional against the officials of the UTI to summon the attendance of R-3 and production of documents. The Appellant was replaced by another Resolution Professional and the New Resolution Professional submitted before the Adjudicating Authority that he does not want to further prosecute the application, I.A. No.463/JPR/2023 and the Adjudicating Authority disposed of the application as infructuous.

3.

The  Appellant  who  is  Erstwhile  Resolution  Professional  is  now challenging the order submitting that the application which was filed by the Erstwhile Resolution Professional was required to be heard on merits and decision taken.

4.

When the Appellant- the Erstwhile Resolution Professional was replaced with New Resolution Professional, who is now proceeding with the CIRP, the decision taken by him cannot be objected by the Erstwhile Resolution Professional, who is Appellant herein. We are of the view that at the instance of the Appellant no interference can be made with the impugned order by which application has been disposed of as infructuous.

5.

Appellant further contended that the Adjudicating Authority ought to have looked into the facts of the application. We are of the view that when the Adjudicating Authority after noticing the statement of the New Resolution Professional has disposed of the application, it was not necessary to look into facts of the application. The submission made by the Appellant are without any substance.

6.

Appeal is dismissed.