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Judgment
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O R D E R
IA(IBC) 1893/2024
Learned Counsel Mr Maharshi Viswaraj, for applicant present through Video Conference.
Mr Malireddy Ramana Reddy, Chairman of Monitoring Committee present through Video Conference.
A memo has been filed stating that the amount realised by the Resolution Professional has been distributed to the stake holders as per the approved resolution plan, as such nothing survives. The memo is taken on record.
In the light of the memo, the Chairman of the Monitoring Committee is hereby discharged and further proceedings stands terminated.
Accordingly, this application is allowed and disposed of.