ineligible under Section 29A, however, its connected
persons were undischarged insolvent hence Cosmic became ineligible
under Section 29A (a). The report also observes that ... ineligible u/s 29A(a) , (c), (h) and (j). PSA opined that Applicant i.e. Cosmic
CRF is eligible under Section 29A of IBC, however
ineligible under Section 29A, however, its connected
persons were undischarged insolvent hence Cosmic became ineligible
under Section 29A (a). The report also observes that ... ineligible u/s 29A(a) , (c), (h) and (j). PSA opined that Applicant i.e. Cosmic
CRF is eligible under Section 29A of IBC, however
proviso was added to sub-Section (g) of
Section 29A . Section 29A of the IBC in its present form reads as follows:
“29A. Persons ... Section 230 , in his submission, is a ‘different
section in different enactment’ to which the ineligibility under Section 29A of the
IBC cannot be attracted
Section 29A r/w. Sec.5(24) and
5(24A) and gave an opinion that Cosmic CRF Ltd is
ineligible u/s. 29A of IBC ... reconsideration of the issue of ineligibility of Cosmic CRF Ltd under
Section 29A IBC after giving it opportunity of being heard
Section 29A r/w. Sec.5(24) and
5(24A) and gave an opinion that Cosmic CRF Ltd is
ineligible u/s. 29A of IBC ... reconsideration of the issue of ineligibility of Cosmic CRF Ltd under
Section 29A IBC after giving it opportunity of being heard
Section 29A eligibility of
Epitome to which RP had opined that Epitome does not meet the criteria for
Section 29A compliance under IBC. The minutes ... Section 29A eligibility of Epitome. The RP
informed that considering the response of Epitome and eligibility criteria for Section
29A compliance under IBC
complies with Sections
30(2) and 30(4) of the IBC, and therefore, infringement, if any, of
Section 29-A of IBC is a matter ... enquiry about their correctness, which is not in the purview of
Section 29A IBC. He has stated that the Impugned Order dated
AMBV
such action is a manifestation of the passage of
Section 29A under IBC. As promoter of Uttam Galva
and as member of the Arcelor ... strictly enforce the law and the provisions of Sections
29A(c) and 29A(h) of IBC. The proof of such payment
in form
purposes of submission of the Resolution Plan) is
ineligible under Section 29A of the IBC, specifically
sub-section (c) and (h) and accordingly ... sections (c) and (h) of
Company Appeal (AT) (Insolvency) Nos. 169, 207, 171-173 of 2018
12
Section 29A of the IBC (after having tested
AMBV
such action is a manifestation of the passage of
Section 29A under IBC. As promoter of Uttam Galva
and as member of the Arcelor ... strictly enforce the law and the provisions of Sections
29A(c) and 29A(h) of IBC. The proof of such payment
in form